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2012 SESSION
HB 572 Owner financing for real property; licensing.
Introduced by: Daniel W. Marshall, III | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Owner financing for real property; licensing. Exempts persons who make loans or extend credit for any part of the purchase price of real property that the person owns from licensure requirements under the Nationwide Mortgage Licensing System and Registry. This bill is a recommendation of the Virginia Housing Commission. This bill is identical to SB 76.
FULL TEXT
- 01/10/12 House: Prefiled and ordered printed; offered 01/11/12 12102152D pdf | impact statement
- 02/17/12 House: Bill text as passed House and Senate (HB572ER) pdf | impact statement
- 03/01/12 Governor: Acts of Assembly Chapter text (CHAP0053) pdf
HISTORY
- 01/10/12 House: Prefiled and ordered printed; offered 01/11/12 12102152D
- 01/10/12 House: Referred to Committee on General Laws
- 01/13/12 House: Assigned GL sub: #1 Housing
- 01/19/12 House: Referred from General Laws by voice vote
- 01/19/12 House: Referred to Committee on Commerce and Labor
- 01/31/12 House: Reported from Commerce and Labor (21-Y 0-N)
- 02/02/12 House: Read first time
- 02/03/12 House: Read second time and engrossed
- 02/06/12 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 02/06/12 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/07/12 Senate: Constitutional reading dispensed
- 02/07/12 Senate: Referred to Committee on Commerce and Labor
- 02/13/12 Senate: Reported from Commerce and Labor (15-Y 0-N)
- 02/14/12 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/15/12 Senate: Read third time
- 02/15/12 Senate: Passed Senate (40-Y 0-N)
- 02/17/12 House: Enrolled
- 02/17/12 House: Bill text as passed House and Senate (HB572ER)
- 02/17/12 House: Signed by Speaker
- 02/20/12 Senate: Signed by President
- 03/01/12 Governor: Approved by Governor-Chapter 53 (effective 7/1/12)
- 03/01/12 Governor: Acts of Assembly Chapter text (CHAP0053)