Bill Text: TX HB831 | 2015-2016 | 84th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to disclosure of home mortgage information to a surviving spouse.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2015-06-16 - Effective on 9/1/15 [HB831 Detail]
Download: Texas-2015-HB831-Introduced.html
Bill Title: Relating to disclosure of home mortgage information to a surviving spouse.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2015-06-16 - Effective on 9/1/15 [HB831 Detail]
Download: Texas-2015-HB831-Introduced.html
84R4456 GRM-D | ||
By: Giddings | H.B. No. 831 |
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relating to disclosure of home mortgage information to a surviving | ||
spouse. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 343, Finance Code, is | ||
amended by adding Section 343.103 to read as follows: | ||
Sec. 343.103. DISCLOSURE OF MORTGAGE INFORMATION TO | ||
SURVIVING SPOUSE. (a) In this section, "mortgage servicer" and | ||
"mortgagor" have the meanings assigned by Section 51.0001, Property | ||
Code. | ||
(b) Not later than the 30th day after a mortgage servicer of | ||
a home loan receives a request for the information from the | ||
surviving spouse of a mortgagor of the home loan, accompanied by the | ||
proof required under Subsection (c), the mortgage servicer shall | ||
provide the surviving spouse with information including: | ||
(1) documentation regarding the promissory note; | ||
(2) balance information; and | ||
(3) other information the mortgage servicer provided | ||
to the mortgagor. | ||
(c) A surviving spouse must prove the person's status by | ||
providing: | ||
(1) a death certificate of the mortgagor; and | ||
(2) an affidavit stating the surviving spouse was | ||
married to the mortgagor at the time of the mortgagor's death. | ||
SECTION 2. This Act takes effect September 1, 2015. |