File Code: Real Property
- Sponsored By:
-
Delegates Franchot and Hixson
- Entitled:
-
Residential Real Property - Right of Purchaser to Renew Existing Title
Insurance Policy
Requiring that lenders provide prospective borrowers with specified
notice of the borrower's ability to renew the existing title insurance
policy under specified conditions; prohibiting lenders from requiring
under specified circumstances that borrowers employ a particular title
insurance company if the borrower notifies the lender of specified
information in a specified manner; authorizing lenders to collect from
borrowers title insurance premiums for specified title insurance
policies; etc.
House Action
- 2/8
- First Reading Economic Matters
- 2/13
- Hearing 3/7 at 1:00 p.m.
- 3/20
- Unfavorable Report by Economic Matters
Senate Action
- No Action
- Sponsored by:
- Delegate Peter Franchot, District 20
- Delegate Sheila E. Hixson, District 20
- Bill indexed under the following Subjects:
- COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- DISCLOSURE
- FORMS
- HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- MORTGAGES
- NOTICES
- REAL ESTATE -see also- AGENTS AND BROKERS
- RULES AND REGULATIONS
- SETTLEMENT PROCEDURES
- TITLES
- Bill affects the following Statutes:
- Commercial Law
- (
12-119 ,
12-119 ,
12-120 ,
12-120 ,
12-307 ,
12-1028 ,
12-1028
)
- Real Property
- (
10-702 ,
10-702
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
