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HB1994: Title insurance; authorizes title insurance company, agency, or agent to pay premium to agent.

Chief Patron

Del. Terrie Suit (R-81)

Terrie Suit (R-81)
Virginia Beach, VA
Served: 2000–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

Bill is Dead

View Entire History

Summary

Title insurance; settlement subsidies. Authorizes a title insurance company, title insurance agency, or agent to pay to a settlement agent a portion of the premium that is payable on a title insurance policy purchased by the purchaser or borrower in the real estate transaction, where the payment is used to subsidize the costs of the escrow, closing or settlement services.

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Poll Results

No Richmond Sunlight visitors voted on this bill while voting was open.

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Bill Text

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