Legislation
- Title
- Real Property - Foreclosure of Residential Property - Certified Community Development Financial Institutions
- Sponsored by
- Delegates Niemann, Beidle, Bobo, Braveboy, Carr, Fraser-Hidalgo, Frush, Gilchrist, Griffith, Gutierrez, Healey, Holmes, Lafferty, McComas, McIntosh, McMillan, A. Miller, Norman, S. Robinson, Stein, and Walker
- Status
- Approved by the Governor - Chapter 233
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Providing that no person may require, as a condition of a sale or transfer of owner-occupied residential property to a certified community development financial institution, any affidavit, statement, agreement, or addendum that limits ownership or occupancy of the property by the immediately preceding mortgagor or grantor under specified circumstances; exempting a certified community development financial institution from specified homeowners in foreclosure protection laws; and making the Act an emergency measure.
Committees
Details
Emergency Bill
Bill File Type: Regular
Effective Date(s): Upon Enactment
History
Toggle History Dropdown
Documents
Toggle Documents Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
(
7-105.1, 7-302 )
(
12-108, 13-207 )
Last Updated: 2/3/2020 2:28 PM