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2012 SESSION

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HB 821 Wrongful foreclosure; creates civil cause of action for owner of any residential real property, etc.

Introduced by: Robert G. Marshall | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Wrongful foreclosure; civil action.  Creates a civil cause of action for the owner of any residential real property against any person who wrongfully asserts that he is, or has the authority to act as, the holder of the obligation secured by a deed of trust or mortgage on such property and who wrongfully initiates any foreclosure proceeding upon the property. The owner is entitled to recover actual damages incurred as a result of the wrongful foreclosure, in addition to reasonable attorney fees and costs.


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