Notice of foreclosure; notify owner 30 days before proposed sale. (SB836)

Introduced By

Sen. Chap Petersen (D-Fairfax)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Notice of foreclosure.  Provides that written notice of the intent to foreclose shall be sent to the present owner of the property at least 30 days before any proposed sale in execution of a deed of trust. The notice shall contain the name and contact information for (i) the party secured, (ii) the mortgage servicer, if any, and (iii) an agent of the party secured who is authorized to modify the terms of the loan. The failure to comply with the notice requirements gives a private cause of action to the property owner. Read the Bill »


Bill Has Failed


01/07/2011Prefiled and ordered printed; offered 01/12/11 11101396D
01/07/2011Referred to Committee for Courts of Justice
01/11/2011Assigned Courts sub: Civil
01/26/2011Rereferred from Courts of Justice (14-Y 0-N) (see vote tally)
01/26/2011Rereferred to Commerce and Labor
02/07/2011Failed to report (defeated) in Commerce and Labor (4-Y 11-N) (see vote tally)


Jay S., tracking this bill in Photosynthesis, notes:


Virginia Housing Coalition, tracking this bill in Photosynthesis, notes:

The Virginia Housing Coalition is lending its support to this bill.