File Code: Real Property
- Sponsored By:
-
Delegate Benson
- Entitled:
-
Residential Home Mortgages - Mortgagee's Duty to Record Satisfaction
or Release
Requiring a mortgagee of a residential home mortgage to take certain
steps to record the satisfaction or release of the mortgage within 30
days of the date of satisfaction or release; and providing that a
mortgagee who violates this requirement is guilty of a misdemeanor and
subject to a fine not exceeding $5,000.
House Action
- 3/8
- First Reading House Rules
- 3/11
- Re-referred Economic Matters
- Hearing 3/23 at 1:00 p.m.
- 4/12
- Unfavorable Report by Economic Matters
Senate Action
- No Action
- Bill indexed under the following Subjects:
- CRIMES AND PUNISHMENTS -see also- PENALTIES; SENTENCES
- MORTGAGES
- PENALTIES
- RECORDATION -see also- TRANSFER TAX
- Bill affects the following Statutes:
- Real Property
- (
7-106 ,
15-102
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
