HB 1225: Improvements to Real Property
GENERAL BILL by Jacobs
Improvements to Real Property; Specifies information that must be sought before financing agreement is approved; specifies that failure of property owner to disclose specified information does not invalidate financing agreement; specifies information that must be verified for residential properties; specifies how fair market value is derived; requires program administrator to orally provide specified information to property owner; requires local governments to develop written disclosure form; specifies prohibited actions related to program administrators; specifies actions which will render certain contracts unenforceable; requires an annual report.
Effective Date: 7/1/2018
Last Action: 3/10/2018 House - Died in Agriculture and Property Rights Subcommittee
Bill Text: PDF
Last Action: 3/10/2018 House - Died in Agriculture and Property Rights Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/4/2018 | House |
• Filed |
| 1/9/2018 | House |
• Introduced -HJ 108 |
| 1/12/2018 | House |
• Referred to Agriculture and Property Rights Subcommittee; Local, Federal and Veterans Affairs Subcommittee; Commerce Committee -HJ 338 |
| 3/10/2018 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Agriculture and Property Rights Subcommittee |
