HB 743: Estoppel Letters
GENERAL BILL by Fabricio ; (CO-INTRODUCERS) Benjamin
Estoppel Letters; Revises timeframe for mortgagee or mortgage servicer to send estoppel letter; revises requirements for estoppel letter; prohibits mortgagee or mortgage servicer from denying accuracy of estoppel letter; requires payments be applied to unpaid balance of mortgage; provides methods for sending written request for estoppel letter, estoppel letter, & corrected estoppel letter; requires mortgagee or mortgage servicer to take actions within specified time after unpaid balance of loan secured by mortgage has been fully paid; authorizes attorney fees & costs; provides liability.
Effective Date: 10/1/2023
Last Action: 5/1/2023 House - Laid on Table; companion bill(s) passed, see SB 708 (Ch. 2023-135)
Bill Text: PDF
Last Action: 5/1/2023 House - Laid on Table; companion bill(s) passed, see SB 708 (Ch. 2023-135)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/10/2023 | House |
• Filed |
| 2/21/2023 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Civil Justice Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 3/7/2023 | House |
• 1st Reading (Original Filed Version) |
| 3/17/2023 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 3/21/2023 | House |
• Favorable by Insurance & Banking Subcommittee • Reported out of Insurance & Banking Subcommittee • Now in Civil Justice Subcommittee |
| 3/23/2023 | House |
• Added to Civil Justice Subcommittee agenda |
| 3/27/2023 | House |
• Favorable by Civil Justice Subcommittee • Reported out of Civil Justice Subcommittee • Now in Commerce Committee |
| 4/6/2023 | House |
• Added to Commerce Committee agenda |
| 4/11/2023 | House |
• Favorable by Commerce Committee (Amended) • Reported out of Commerce Committee • Bill released to House Calendar • Added to Second Reading Calendar |
| 5/1/2023 | House |
• Laid on Table; companion bill(s) passed, see SB 708 (Ch. 2023-135) |
