Recording assignment of deed of trust; prerequisite to sale. (HB1920)
Introduced By
Del. Robin Abbott (D-Newport News)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Recording assignment of deed of trust; prerequisite to sale. Provides that the trustee under a deed of trust or mortgage entered into on or after July 1, 2011, shall not proceed with any sale of property at the request of a person asserting that he is the holder of the obligation secured by the deed of trust or mortgage unless an instrument evidencing the assignment of the deed of trust or mortgage to such person is recorded in the land records of the locality where the property is located. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/11/2011 | Committee |
01/11/2011 | Prefiled and ordered printed; offered 01/12/11 11100648D |
01/11/2011 | Referred to Committee for Courts of Justice |
01/14/2011 | Assigned Courts sub: #2 Civil |
01/17/2011 | Subcommittee recommends incorporating (HB1506-Marshall, R.G.) |
02/08/2011 | Left in Courts of Justice |
Comments
abbott
The Virginia Housing Coalition is lending its support to this bill.