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CT HB05813

Bill

Status

Introduced

1/24/2011

Primary Sponsor

Kim Rose

Click for details

Origin

House of Representatives

2011 General Assembly

AI Summary

  • Amends Connecticut General Statutes Title 36a to modify title insurance fee assessment during mortgage refinancing
  • Requires title insurance fees charged at refinancing to be reduced proportionately based on the time period the original mortgage loan secured the property
  • Provides homeowners with a credit against refinancing title insurance costs that reflects the duration of the original loan
  • Referred to the Committee on Banks during the January 2011 legislative session
  • Introduced by Representative Rovero of the 51st District

Legislative Description

An Act Prohibiting The Assessment Of Title Insurance Fees Upon Refinancing A Mortgage Loan.

Last Action

Public Hearing 02/10

2/4/2011

Committee Referrals

Banks1/24/2011

Full Bill Text

No bill text available