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CT HB06551
Bill
Status
5/12/2015
Primary Sponsor
Housing Committee
Click for details
AI Summary
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Requires foreclosing parties to register residential properties with the town clerk at the time of recording a notice of lis pendens, including contact information and maintenance responsibility details.
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Requires property owners who acquire title through foreclosure to register the property within fifteen days after title vests, with updated registration information and a land record filing fee.
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Increases civil penalties for foreclosing parties who fail to register from one hundred dollars to one thousand dollars per violation, up to a maximum of five thousand dollars per property.
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Increases civil penalties for foreclosed property owners who fail to register within thirty days of acquiring title to one thousand two hundred fifty dollars per violation, up to a maximum of twenty-five thousand dollars per property.
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Allows municipalities to issue notices requiring remediation of code violations on foreclosed properties and authorizes municipalities to file civil actions in Superior Court to collect penalties, with penalties payable to the municipal treasurer.
Legislative Description
An Act Concerning Penalties For The Failure To Register A Residential Property By A Foreclosing Party.
Last Action
Senate Calendar Number 505
5/14/2015