Deed of trust; written notice of proposed sale by trustee to owners, etc. (SB1546)

Introduced By

Sen. Ken Stolle (R-Virginia Beach)

Description

Proposed sale in execution of deeds of trust. Provides that the written notice of proposed sale, when given in a manner provided by general law, shall be deemed prima facie evidence of compliance with any requirement to provide notice of default contained in a deed of trust, provided that failure to comply with any requirements for notice of default that may be contained in such deed of trust shall, upon petition, render a sale of the property voidable by the court. Amends § 55-59.1 (“Notices required before sale by trustee to owners, lienors, etc.; if note lost.”), of the Code of Virginia. View Full Text »

Outcome

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