Legislation

Title: Foreclosures - Responsibility for Maintenance of Residential Property and Registration Requirement
Sponsored by: Delegate Krimm
Status: In the House - Referred to interim study by Environment and Transportation
Analysis: Fiscal and Policy Note

Synopsis

Establishing that, on and after the filing of an action to foreclose a mortgage or deed of trust on residential property, the secured party shall be responsible for maintenance of the property until the foreclosure sale occurs; requiring the secured party to submit a registration to the Foreclosed Property Registry within 30 days after the filing of a foreclosure action on residential property; requiring the registration to be in a specified form and contain specified information; establishing fees; etc.

Committees

Original:: Environment and Transportation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): October 1, 2016

History

Legislation History
Chamber House Calendar Date 2/03/2016 Legislative Date 2/04/2016 Action First Reading Environment and Transportation Proceedings
Chamber House Calendar Date 2/04/2016 Legislative Date 2/04/2016 Action Hearing 2/23 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/10/2016 Legislative Date 3/14/2016 Action Referred to interim study by Environment and Transportation Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/03/2016	2/04/2016	First Reading Environment and Transportation
House	2/04/2016	2/04/2016	Hearing 2/23 at 1:00 p.m.
House	3/10/2016	3/14/2016	Referred to interim study by Environment and Transportation

Documents

Date Posted	Document Name
2/04/2016	Text - First - Foreclosures - Responsibility for Maintenance of Residential Property and Registration Requirement
3/11/2016	Vote - House - Committee - Environment and Transportation

File Code

Subjects

Statutes