General Bill
Real Property Registration:
Requires DFS to establish Internet registry of vacant, abandoned, or foreclosure-proposed real properties; authorizes DFS to charge registry filing fee; requires lenders to file specified information on such properties; requires lenders & DFS to notify local governments of properties on registry; requires local governments to establish e-mail address for receiving such notices; requires lenders initiating foreclosure proceedings on registry properties to include specified information in foreclosure filings; provides for dismissal of foreclosure proceedings for failing to include information; authorizes local governments to enter registry properties for specified examination purposes; requires local governments to notify lenders of intent to enter such properties for such examinations; prohibits local governments from entering such properties under specified circumstances; authorizes lenders to certify to local governments that registry properties have been inspected & meet specified criteria; provides penalties; requires local governments to notify lender's agents of specified conditions of registry properties; authorizes local governments to correct or repair such conditions & recover full costs of such repairs or corrections; provides for superiority of liens for such costs; protects right of local governments to inspect properties for specified purposes.
Effective Date:
July 1, 2009
Last Event:
Died in Insurance, Business & Financial Affairs Policy Committee on Saturday, May 2, 2009 12:00 AM
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Subject
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Relationship
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Bill #:
HB 221
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Subject:
Pub. Rec./Statewide Internet Registry of Vacant, Abandoned, or Foreclosure-proposed Real Properties
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Relationship:
Linked
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Bill #:
SB 874
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Subject:
Real Property Registration [CPSC]
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Relationship:
Identical
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Bill #:
SB 1044
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Subject:
Pub. Rec./Vacant or Abandoned Real Property Reg. [CPSC]
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Relationship:
Compare
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