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FL H0987

Bill

Official Source

Status

Failed

4/30/2010

Primary Sponsor

Franklin Sands

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Financial institutions initiating or with pending foreclosure proceedings against residential property must timely pay all property-related fees including homeowners' association fees, maintenance fees, and property taxes
  • Fees must be paid from the date the foreclosure action is initiated through the date the foreclosure is finalized
  • Applies retroactively to all foreclosure proceedings pending as of the effective date
  • Applies to all foreclosure proceedings initiated on or after the effective date
  • Takes effect upon becoming law

Legislative Description

Payment of Fees in Foreclosure Proceedings

Last Action

Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)

4/30/2010

Committee Referrals

Insurance, Business & Financial Affairs Policy2/25/2010

Full Bill Text

No bill text available