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CT SB00485

Bill

Status

Passed

6/4/2018

Primary Sponsor

Judiciary Committee

Click for details

Origin

Senate

2018 General Assembly

AI Summary

  • 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

  • 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

  • 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

  • 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

  • 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

Committee Referrals

Judiciary3/12/2018

Full Bill Text

No bill text available