HB 335: Satisfaction of Mortgages
GENERAL BILL by Fabricio
Satisfaction of Mortgages; Requires mortgagee or servicer of mortgage to send estoppel letter within specified time; provides requirements for estoppel letter; requires payments received pursuant to estoppel letter be applied to unpaid balance; provides for liability; authorizes damages & attorney fees & costs; prohibits punitive damages; provides certain persons may still be personally liable after recording satisfaction of mortgage.
Effective Date: 10/1/2022
Last Action: 10/19/2021 House - Withdrawn prior to introduction
Bill Text: PDF
Last Action: 10/19/2021 House - Withdrawn prior to introduction
Bill Text: PDF
Bill History
Date | Chamber | Action |
---|---|---|
10/18/2021 | House |
• Filed |
10/19/2021 | House |
• Withdrawn prior to introduction |