DE HB338 | 2021-2022 | 151st General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 10-4)
Status: Passed on October 14 2022 - 100% progression
Action: 2022-10-14 - Signed by Governor
Text: Latest bill text (Engrossed) [HTML]

Summary

This Act provides an automatic satisfaction of a mortgage 10 years after the maturity date as stated in the mortgage or any recorded extension of the mortgage or, in the absence of a stated maturity date, 40 years after the recording of the mortgage or any extension of the mortgage. This Act also reduces the time after which an attorney may file a certificate of satisfaction under ยง 2123 of Title 25 of the Delaware Code to 10 years after the maturity date and 40 years after the recording of a mortgage.

Tracking Information

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Title

An Act To Amend Title 25 Of The Delaware Code Relating To The Satisfaction Of Mortgages After A Lapse Of Time.

Sponsors


Roll Calls

2022-06-28 - Senate - Senate Third Reading (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
2022-04-12 - House - House Third Reading (Y: 41 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-10-14 Signed by Governor
2022-06-28 Passed By Senate. Votes: 21 YES
2022-05-11 Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits
2022-04-12 Assigned to Banking, Business & Insurance Committee in Senate
2022-04-12 Passed By House. Votes: 41 YES
2022-04-12 Amendment HA 1 to HB 338 - Passed In House by Voice Vote
2022-04-12 Amendment HA 1 to HB 338 - Introduced and Placed With Bill
2022-04-05 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 1 Favorable, 9 On Its Merits
2022-03-15 Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House

Delaware State Sources


Bill Comments

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