Foreclosure; notice of sale when owner is deceased. (HB755)

Introduced By

Del. Jay Leftwich (R-Chesapeake)

Progress

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

Description

Foreclosure; notice of sale when owner is deceased. Provides that when the owner of a property to be sold by a trustee pursuant to a deed of trust is deceased, the notice of the sale shall be delivered to the last known address of the deceased owner, any personal representative of the deceased's estate, and any heirs of the deceased as recorded in the land records where the property is located. The bill further provides that the trustee of a deed of trust for property that is sold after the death of the owner shall include (i) any remaining subsequent debts and obligations secured by the deed and (ii) any liens of record inferior to the deed of trust under which the sale is made, with lawful interest, in the list of debts to be paid off using any surplus from the sale prior to paying the remainder of the surplus to the decedent's personal representative. This bill is identical to SB 422. Amends § 55-59.1, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2018Committee
01/09/2018Prefiled and ordered printed; offered 01/10/18 18102281D
01/09/2018Referred to Committee for Courts of Justice
01/16/2018Assigned Courts sub: Subcommittee #2
01/17/2018Subcommittee recommends reporting with amendments (8-Y 0-N)
01/23/2018Impact statement from DPB (HB755)
01/26/2018Subcommittee recommends reporting with substitute (7-Y 0-N)
01/29/2018Reported from Courts of Justice with substitute (18-Y 0-N) (see vote tally)
01/29/2018Committee substitute printed 18106041D-H1
01/31/2018Read first time
01/31/2018Impact statement from DPB (HB755H1)
02/01/2018Read second time
02/01/2018Committee substitute agreed to 18106041D-H1
02/01/2018Engrossed by House - committee substitute HB755H1
02/02/2018Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/02/2018VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/05/2018Constitutional reading dispensed
02/05/2018Referred to Committee for Courts of Justice
02/12/2018Reported from Courts of Justice (15-Y 0-N) (see vote tally)
02/13/2018Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/14/2018Read third time
02/14/2018Passed Senate (40-Y 0-N) (see vote tally)
02/16/2018Enrolled
02/16/2018Bill text as passed House and Senate (HB755ER)
02/16/2018Signed by Speaker
02/19/2018Impact statement from DPB (HB755ER)
02/19/2018Signed by President
02/19/2018Enrolled Bill communicated to Governor on February 19, 2018
02/19/2018G Governor's Action Deadline Midnight, February 26, 2018
02/26/2018G Approved by Governor-Chapter 34 (effective 7/1/18)
02/26/2018G Acts of Assembly Chapter text (CHAP0034)

Duplicate Bills

The following bills are identical to this one: SB422.