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CT SB00485
Bill
Status
6/4/2018
Primary Sponsor
Judiciary Committee
Click for details
AI Summary
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Judgment lienholders or their attorneys must provide a written payoff statement upon written request from the debtor, debtor's attorney, or authorized representative for the current property owner
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The payoff statement must be provided on or before the date specified in the request, provided that date is at least 21 business days after the written request is received
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Requesters may identify the lienholder by the last recorded lien of record, unless the lienholder is the plaintiff in a pending Superior Court enforcement action, in which case the request goes to the plaintiff's attorney
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Judgment lienholders cannot charge a fee for the first payoff statement requested within a calendar year, except when expedited delivery is requested and agreed to in writing
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Effective date: October 1, 2018
Legislative Description
An Act Concerning The Provision Of A Payoff Statement By A Judgment Lienholder.
Last Action
Signed by the Governor
6/4/2018