HB 1149 (2012) -  Mortgage Foreclosures

by Steube (CO-SPONSORS) Gaetz
Reduces limitations period for commencing action to enforce claim of deficiency judgment pursuant to foreclosure action; provides that entry of deficiency judgment must be commenced within specified period after date of court foreclosure sale or short sale; bars attempts to collect deficiency judgment if not commenced within such period; limits amount of deficiency judgment in foreclosure action; authorizes reduction of amount of deficiency judgment by insurance setoff; authorizes lienholders & condominium or homeowners' associations to request order to show cause for entry of final judgment of foreclosure; provides requirements & procedures with respect to order directed to defendants to show cause why final judgment of foreclosure should not be entered; provides that failures by defendant to make certain filings or to make certain appearances may have specified legal consequences; requires court to enter final judgment of foreclosure & order foreclosure sale; establishes expedited foreclosure proceedings for abandoned residential real property & procedures & requirements with respect thereto; provides procedures & requirements for actions to foreclose on mortgages on actual or potential homestead property.
Effective Date: July 1, 2012
Last Event: Died in Civil Justice Subcommittee on Friday, March 9, 2012 11:59 PM

Related Bills

Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Civil Justice Subcommittee Time: 03/09/2012 - 11:59 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H 1st Reading Time: 01/10/2012 - 11:59 PM Member: Committee: Version: __
Event: H Now in Civil Justice Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Referred to Judiciary Committee Time: 01/09/2012 - 12:01 PM Member: Committee: Judiciary Committee Version: __
Event: H Referred to Justice Appropriations Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Justice Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Civil Justice Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Filed Time: 12/27/2011 - 2:24 PM Member: Steube Committee: Version: __