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CT HB05611
Bill
Status
Introduced
1/27/2021
Primary Sponsor
Edwin Vargas
Click for details
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