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Legislation


1998 Regular Session

SENATE BILL 428

File Code: Real Property
Sponsored By:
Senators Green and Forehand
Entitled:
Condominiums - Liens - Priority

Synopsis:

Providing that a specified portion of a lien on a condominium unit has priority over the claim of the holder of a first mortgage or deed of trust; providing that the Act does not limit or affect the priority of certain mortgages or deeds of trust; and providing for the abrogation of the Act upon the occurrence of a certain contingency.

History by Legislative Date

Senate Action
2/6
First Reading Judicial Proceedings
2/11
Hearing 3/4 at 1:00 p.m.
3/17

Favorable with Amendments Report by Judicial Proceedings
3/18
Favorable with Amendments
Laid Over (Senator Bromwell) Adopted
3/19
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/23
Third Reading Failed (16-29)
House Action
No Action
Sponsored by:
Senator Leo E. Green, District 23
Senator Jennie M. Forehand, District 17
Bill indexed under the following Subjects:
CONDOMINIUMS
LIENS -see also- MECHANICS' LIENS; SECURITY INTERESTS
MORTGAGES
Bill affects the following Statute:
Real Property
( 11-110 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 618853/1 (PDF)     Offered on: March 19, 1998   at: 10:38 a.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
Senate
March 23, 1998: Third Reading Failed (16-29)
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