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2011 SESSION
HB 1921 Sale by trustee; recordation of assignments.
Introduced by: Robin A. Abbott | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Sale by trustee; recordation of assignments. Provides that the trustee under any deed of trust or mortgage entered into on or after July 1, 2011, shall not proceed with any sale of the property unless the land records of the locality in which the property is located contain a duly recorded assignment to the person who asserts that he is the holder of the obligation. If the deed of trust or mortgage has been assigned more than once, the trustee shall not proceed with any sale unless each assignment has been duly recorded.
FULL TEXT
HISTORY
- 01/11/11 House: Prefiled and ordered printed; offered 01/12/11 11100647D
- 01/11/11 House: Referred to Committee for Courts of Justice
- 01/14/11 House: Assigned Courts sub: #2 Civil
- 01/17/11 House: Subcommittee recommends incorporating (HB1506-Marshall, R.G.) by voice vote
- 02/08/11 House: Left in Courts of Justice