FL S1672 | 2012 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 9 2012 - 100% progression
Action: 2012-03-09 - Died in Banking and Insurance
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 9 2012 - 100% progression
Action: 2012-03-09 - Died in Banking and Insurance
Text: Latest bill text (Introduced) [HTML]
Summary
Providing that a mortgage instrument recorded in the name of a nominee does not provide sufficient notice of the existence of a lien; providing that the use of the term "nominee" in a mortgage instrument does not provide sufficient notice of the actual economic ownership of interests in the real property; requiring that an assignment of a mortgage be recorded upon each transfer of beneficial ownership of the mortgage before a foreclosure action may be initiated, etc.
Title
Mortgages
Sponsors
| Rep. Mike Fasano [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-09 | Died in Banking and Insurance | |
| 2012-01-17 | Introduced -SJ 226 | |
| 2012-01-17 | Referred to Banking and Insurance; Commerce and Tourism; Budget -SJ 226 | |
| 2012-01-06 | Filed |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 697 | 02 | Amended Code | See Bill Text | |
| 701 | 02 | Amended Code | See Bill Text | |
| 702 | 01 | Amended Code | See Bill Text |
Florida State Sources
| Type | Source |
|---|---|
| Summary | http://www.flsenate.gov/Session/Bill/2012/1672 |
| Text | http://www.flsenate.gov/Session/Bill/2012/1672/BillText/Filed/HTML |
