File Code: Real Property
- Sponsored By:
-
Delegate Minnick
- Entitled:
-
Real Property - Mortgage or Deed of Trust - Enforcement of Release
Establishing a time period of 45 days after a loan secured by a
mortgage or deed of trust has been paid in full, for the holder to
take action for the release and recordation of the satisfaction of the
mortgage or deed of trust; authorizing the borrower of a mortgage or
deed of trust who has satisfied the mortgage or deed of trust but not
received a copy of the release in specified circumstances, to file an
action to require delivery of the release; providing that the holder
is liable under specified circumstances; etc.
House Action
- 2/28
- First Reading House Rules and Executive Nominations
- 3/6
- Re-referred Economic Matters
- 3/5
- Hearing 3/13 at 1:00 p.m.
- 3/23
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/24
- Third Reading Passed (139-0)
Senate Action
- 3/26
- First Reading Judicial Proceedings
- 3/27
- Hearing 4/3 at 1:00 p.m.
- Bill indexed under the following Subjects:
- CIVIL ACTIONS -see also- SMALL CLAIMS
- LAND RECORDS -see also- DEEDS
- LIENS -see also- MECHANICS' LIENS
- MORTGAGES
- REAL PROPERTY
- RECORDATION
- Bill affects the following Statute:
- Real Property
- (
3-105.1
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 673290/1 (PDF) Offered on: March 23, 2002 at:
11:15 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- House
- March 24, 2002: Third Reading Passed (139-0)