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CT HB05611

Bill

Status

Introduced

1/27/2021

Primary Sponsor

Edwin Vargas

Click for details

Origin

House of Representatives

2021 General Assembly

AI Summary

  • Amends Connecticut General Statutes Chapter 846 to modify how property valuations are determined in mortgage foreclosure actions
  • Requires that fair market value of foreclosed property be determined exclusively by a licensed appraiser representing the property owner's interests
  • Applies to all actions to foreclose a mortgage in Connecticut
  • Referred to Committee on Banking for review

Legislative Description

An Act Concerning Property Appraisals In Foreclosure Proceedings.

Last Action

Public Hearing 02/18

2/11/2021

Committee Referrals

Banking1/27/2021

Full Bill Text

No bill text available