Release of deed of trust; prohibits settlement agents, etc. from facilitating an assignment. (HB2291)

Introduced By

Del. Ben Cline (R-Amherst)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
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. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/14/2009Committee
01/14/2009Prefiled and ordered printed; offered 01/14/09 096954464
01/14/2009Referred to Committee on General Laws
01/20/2009Assigned GL sub: Housing
01/21/2009Subcommittee recommends referring to Commerce & Labor by voice vote
01/22/2009Referred from General Laws
01/22/2009Referred to Committee on Commerce and Labor
02/03/2009Reported from Commerce and Labor with substitute (19-Y 0-N) (see vote tally)
02/03/2009Committee substitute printed 090184464-H1
02/05/2009Read first time
02/06/2009Read second time
02/06/2009Committee substitute agreed to 090184464-H1
02/06/2009Engrossed by House - committee substitute HB2291H1
02/08/2009Passed by for the day
02/09/2009Read third time and passed House (99-Y 0-N)
02/09/2009VOTE: --- PASSAGE (99-Y 0-N) (see vote tally)
02/10/2009Constitutional reading dispensed
02/10/2009Referred to Committee for Courts of Justice
02/11/2009Constitutional reading dispensed
02/11/2009Referred to Committee for Courts of Justice
02/16/2009Reported from Courts of Justice (15-Y 0-N) (see vote tally)
02/17/2009Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/18/2009Read third time
02/18/2009Passed Senate (40-Y 0-N) (see vote tally)
02/23/2009Enrolled
02/23/2009Bill text as passed House and Senate (HB2291ER)
02/24/2009Signed by Speaker
02/25/2009Signed by President
03/27/2009G Approved by Governor-Chapter 421 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0421)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 30 seconds.

Duplicate Bills

The following bills are identical to this one: SB888.