File Code: Real Property
Prior Year Introduction As: SB 428/98 - JPR
- Sponsored By:
-
Senators Green, Forehand, Currie, Hogan, Exum, and Hollinger
- Entitled:
-
Condominiums - Liens - Priority
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
mortgages or deeds of trust held by or for the benefit of the State or
a unit or instrumentality of the State; and providing for the
abrogation of the Act if certain federal entities cease purchasing
first mortgages on condominium units in the State.
Senate Action
- 2/5
- First Reading Judicial Proceedings
- 2/10
- Hearing 3/16 at 1:00 p.m.
- 3/23
- Unfavorable Report by Judicial Proceedings
House Action
- No Action
- Sponsored by:
- Senator Leo E. Green, District 23
- Senator Ulysses Currie, District 25
- Senator Nathaniel Exum, District 24
- Senator Jennie M. Forehand, District 17
- Senator Patrick J. Hogan, District 39
- Senator Paula Colodny Hollinger, District 11
- Bill indexed under the following Subjects:
- CONDOMINIUMS
- LIENS -see also- MECHANICS' LIENS; SECURITY INTERESTS
- MORTGAGES
- Bill affects the following Statute:
- Real Property
- (
11-110
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
