Consumer Real Estate Settlement Protection Act; disclosures. (HB2568)

Introduced By

Del. Jim Scott (D-Merrifield)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Consumer Real Estate Settlement Protection Act; disclosures. Expands the disclosure that is required to be included in certain real estate purchase contracts to include statements that (i) the provisions of the Consumer Real Estate Settlement Protection Act may not be varied by agreement and rights conferred by the Act may not be waived and (ii) the seller may not require the use of a particular settlement agent as a condition of the sale of the property. The measure also makes technical changes to the required disclosure regarding the choice of settlement agent. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/21/2009Committee
01/21/2009Presented and ordered printed 090149720
01/21/2009Referred to Committee on General Laws
01/22/2009Referred to Committee on General Laws
01/23/2009Introduced bill reprinted 090149720
01/28/2009Assigned GL sub: Housing
01/28/2009Subcommittee recommends reporting with amendment(s)
01/29/2009Reported from General Laws with substitute (22-Y 0-N) (see vote tally)
01/29/2009Committee substitute printed 090175720-H1
01/30/2009Impact statement from SCC (HB2568)
02/02/2009Read first time
02/03/2009Read second time
02/03/2009Committee substitute agreed to 090175720-H1
02/03/2009Engrossed by House - committee substitute HB2568H1
02/04/2009Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/04/2009VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/05/2009Constitutional reading dispensed
02/05/2009Referred to Committee on General Laws and Technology
02/05/2009Impact statement from SCC (HB2568H1)
02/11/2009Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
02/13/2009Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/16/2009Read third time
02/16/2009Passed Senate (40-Y 0-N) (see vote tally)
02/18/2009Enrolled
02/18/2009Bill text as passed House and Senate (HB2568ER)
02/18/2009Impact statement from SCC (HB2568ER)
02/18/2009Signed by Speaker
02/18/2009Signed by President
02/26/2009G Approved by Governor-Chapter 140 (effective 7/1/09)
02/26/2009G Acts of Assembly Chapter text (CHAP0140)