Deed of trust; assignment of penalty for failure to release. (SB888)
Introduced By
Sen. Ryan McDougle (R-Mechanicsville)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Release of deed of trust; assignment of penalty. Prohibits settlement agents and real estate attorneys from facilitating an assignment, to themselves or any person they designate, of their client's right to the $500 penalty levied on lenders that fail to timely deliver a certificate of satisfaction releasing a deed of trust. Amends § 55-66.3, of the Code of Virginia. View Full Text »
Outcome
Bill Has Passed
History
- 12/31/2008 Prefiled and ordered printed; offered 01/14/09
- 12/31/2008 Prefiled and ordered printed; offered 01/14/09 090065272
- 12/31/2008 Referred to Committee for Courts of Justice
- 01/13/2009 Assigned Courts sub: Civil
- 01/14/2009 Rules suspended (40-Y 0-N)
- 01/21/2009 Reported from Courts of Justice with substitute (15-Y 0-N) (see vote tally)
- 01/21/2009 Committee substitute printed 091428272-S1
- 01/23/2009 Constitutional reading dispensed (39-Y 0-N) (see vote tally)
- 01/26/2009 Read second time
- 01/26/2009 Reading of substitute waived
- 01/26/2009 Committee substitute agreed to 091428272-S1
- 01/26/2009 Engrossed by Senate - committee substitute SB888S1
- 01/27/2009 Read third time and passed Senate (40-Y 0-N) (see vote tally)
- 02/05/2009 Placed on Calendar
- 02/05/2009 Read first time
- 02/05/2009 Referred to Committee for Courts of Justice
- 02/23/2009 Reported from Courts of Justice with amendments (22-Y 0-N) (see vote tally)
- 02/24/2009 Read second time
- 02/25/2009 Read third time
- 02/25/2009 Committee amendments agreed to
- 02/25/2009 Engrossed by House as amended
- 02/25/2009 Passed House with amendments BLOCK VOTE (100-Y 0-N)
- 02/25/2009 VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
- 02/26/2009 House amendments agreed to by Senate (38-Y 0-N) (see vote tally)
- 03/09/2009 Enrolled
- 03/09/2009 Bill text as passed Senate and House (SB888ER)
- 03/09/2009 Signed by President
- 03/11/2009 Signed by Speaker
- 03/27/2009 G Approved by Governor-Chapter 254 (effective 7/1/09)
- 03/27/2009 G Acts of Assembly Chapter text (CHAP0254)
