Legislation

Title: Residential Property - Foreclosure Sale - Recordation of Instrument of Writing
Sponsored by: Senator Conway
Status: In the Senate - Unfavorable Report by Judicial Proceedings
Analysis: Fiscal and Policy Note

Synopsis

Requiring a secured party to record an instrument of writing transferring residential property by the later of 30 days after the entry of a court order ratifying a foreclosure sale of the residential property or 30 days after the entry of a court order resolving a specified motion; providing that no transfer tax may be assessed on a secured party that records an instrument of writing transferring residential property within 20 days after the entry of the court order ratifying the foreclosure sale of the property; etc.

Committees

Original:: Judicial Proceedings Click to view Recorded Media

Details

Cross-filed with: HB0508

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 1/26/2016 Legislative Date 1/27/2016 Action First Reading Judicial Proceedings Proceedings
Chamber Senate Calendar Date 1/27/2016 Legislative Date 1/27/2016 Action Hearing 2/09 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/02/2016 Legislative Date 3/03/2016 Action Unfavorable Report by Judicial Proceedings Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/26/2016	1/27/2016	First Reading Judicial Proceedings
Senate	1/27/2016	1/27/2016	Hearing 2/09 at 1:00 p.m.
Senate	3/02/2016	3/03/2016	Unfavorable Report by Judicial Proceedings

Documents

Date Posted	Document Name
1/27/2016	Text - First - Residential Property - Foreclosure Sale - Recordation of Instrument of Writing
3/02/2016	Vote - Senate - Committee - Judicial Proceedings

File Code

Subjects

Statutes