SB 2458: Condominium Foreclosures [CPSC]
GENERAL BILL by Garcia
Condominium Foreclosures [CPSC]; Authorizes a condominium association to demand payment from tenants of future rents to the association in lieu of payment to the unit owner. Requires that coverage under a unit owner's policy for certain assessments include at least a minimum amount of loss assessment coverage. Requires that adequate property insurance be based upon the replacement cost of the property to be insured as determined by an independent appraisal or update of a prior appraisal, etc.
Effective Date: 07/01/2010
Last Action: 3/23/2010 Senate - Withdrawn from Regulated Industries; Banking and Insurance; Judiciary -SJ 00321; Withdrawn from further consideration, companion bill(s) passed, see CS/CS/CS/SB 1196 (Ch. 2010-174) -SJ 00321
Bill Text: Web Page | PDF
Last Action: 3/23/2010 Senate - Withdrawn from Regulated Industries; Banking and Insurance; Judiciary -SJ 00321; Withdrawn from further consideration, companion bill(s) passed, see CS/CS/CS/SB 1196 (Ch. 2010-174) -SJ 00321
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/25/2010 | Senate |
• Filed |
| 3/4/2010 | Senate |
• Referred to Regulated Industries; Banking and Insurance; Judiciary -SJ 00211 |
| 3/11/2010 | Senate |
• Introduced -SJ 00211 |
| 3/23/2010 | Senate |
• Withdrawn from Regulated Industries; Banking and Insurance; Judiciary -SJ 00321; Withdrawn from further consideration, companion bill(s) passed, see CS/CS/CS/SB 1196 (Ch. 2010-174) -SJ 00321 |