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CT HB05339

Bill

Status

Introduced

2/18/2016

Primary Sponsor

Housing Committee

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Foreclosing parties must register residential properties with the town clerk at the time of recording the notice of lis pendens, providing contact information and designating a local contact person or property maintenance company.

  • Property owners who acquire title through foreclosure must register with the municipality within 15 days of title vesting, including updated contact and maintenance responsibility information.

  • Municipalities may issue notices to foreclosure property owners for violations of repair, maintenance, or nuisance abatement ordinances, allowing a reasonable timeframe for remediation before enforcement.

  • Foreclosing parties failing to register are subject to civil penalties of one thousand dollars per violation, up to a maximum of five thousand dollars per property.

  • Property owners who acquire foreclosed properties and fail to register within 30 days of title vesting face civil penalties of one thousand two hundred fifty dollars per violation, up to a maximum of twenty-five thousand dollars per property.

Legislative Description

An Act Concerning Penalties For The Failure To Register A Residential Property By A Foreclosing Party.

Last Action

Tabled for the Calendar, House

4/5/2016

Committee Referrals

Banking3/29/2016
Housing2/18/2016

Full Bill Text

No bill text available