HB 125: Rental Property Foreclosure or Short-sale Actions
GENERAL BILL by Rogers ; (CO-INTRODUCERS) Soto
Rental Property Foreclosure or Short-sale Actions; Requires lenders to notify tenants or lessees of potential foreclosure or short-sale actions against rental property; requires lenders to provide tenants or lessees first right of refusal to purchase property at fair market value; specifies eligibility requirements to exercise such right; requires lenders to use escrow funds for specified purposes, etc.
Effective Date: 07/01/2010
Last Action: 3/2/2010 House - Introduced, referred to Civil Justice & Courts Policy (CCJP); Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; Criminal & Civil Justice Policy Council -HJ 00019; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 01/12/10, 10:00 am, Reed Hall --Temporarily deferred; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/01/10, 2:15 pm, Reed Hall; Unfavorable by Civil Justice & Courts Policy (CCJP), laid on Table; YEAS 2 NAYS 9 -HJ 00207
Bill Text: Web Page | PDF
Last Action: 3/2/2010 House - Introduced, referred to Civil Justice & Courts Policy (CCJP); Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; Criminal & Civil Justice Policy Council -HJ 00019; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 01/12/10, 10:00 am, Reed Hall --Temporarily deferred; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/01/10, 2:15 pm, Reed Hall; Unfavorable by Civil Justice & Courts Policy (CCJP), laid on Table; YEAS 2 NAYS 9 -HJ 00207
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 9/17/2009 House • Filed
10/12/2009 House • Referred to Civil Justice & Courts Policy (CCJP); Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; Criminal & Civil Justice Policy Council
1/5/2010 House • On Committee agenda-- Civil Justice & Courts Policy (CCJP), 01/12/10, 10:00 am, Reed Hall --Temporarily deferred
2/22/2010 House • On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/01/10, 2:15 pm, Reed Hall
3/1/2010 House • Unfavorable by Civil Justice & Courts Policy (CCJP), laid on Table; YEAS 2 NAYS 9
3/2/2010 House • Introduced, referred to Civil Justice & Courts Policy (CCJP); Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; Criminal & Civil Justice Policy Council -HJ 00019; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 01/12/10, 10:00 am, Reed Hall --Temporarily deferred; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/01/10, 2:15 pm, Reed Hall; Unfavorable by Civil Justice & Courts Policy (CCJP), laid on Table; YEAS 2 NAYS 9 -HJ 00207
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HB 125, Original Filed Version (Current Bill Version) Posted 11/15/2009 at 12:37 AM
Bill Text: Web Page | PDF Analyses: Civil Justice and Courts Policy Committee (Post-Meeting) (pdf)
Civil Justice and Courts Policy Committee (Post-Meeting) (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 854 Rental Property Foreclosure or Short-sale Actions [SPSC] Sobel Identical Last Action: 4/30/2010 S Died in Committee on Judiciary
Location: