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CT HB06325

Bill

Official Source

Status

Introduced

1/31/2013

Primary Sponsor

Planning and Development Committee

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Requires any assignment of a mortgage debt to be recorded with the town clerk
  • Imposes a surcharge of $200 per week (or part of a week) for assignments recorded more than 60 days after the assignment date
  • Caps the maximum surcharge at $5,000
  • Recordation of an assignment does not constitute notice to the party obligated to pay the mortgage debt
  • Effective July 1, 2013

Legislative Description

An Act Concerning The Assignment Of Mortgage Debts.

Last Action

Public Hearing 03/11

3/5/2013

Committee Referrals

Planning and Development1/31/2013

Full Bill Text

No bill text available