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

Introduced By

Del. Ben Cline (R-Amherst)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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 »


Bill Has Passed


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)
02/23/2009Bill 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)


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.