VA SB795 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on December 28 2010 - 25% progression, died in chamber
Action: 2011-02-07 - Senate: Letter sent to Virginia Housing Commission
Text: Latest bill text (Introduced) [HTML]

Summary

Foreclosure procedures. Makes various changes to procedures for foreclosure, including requiring additional documentation showing the right of the beneficiary to request foreclosure, altering the requirements for providing notice prior to a foreclosure sale, and imposing additional fiduciary duties on the trustee. The bill also provides that violating foreclosure provisions is a prohibited practice under the Virginia Consumer Protection Act.

Tracking Information

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Title

Foreclosure procedures; makes various changes to procedures.

Sponsors


Roll Calls

2011-02-07 - Senate - Senate: Passed by indefinitely in Commerce and Labor with letter (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2011-01-26 - Senate - Senate: Rereferred from Courts of Justice (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2011-02-07 Senate: Letter sent to Virginia Housing Commission
2011-02-07 Senate: Passed by indefinitely in Commerce and Labor with letter (15-Y 0-N)
2011-01-26 Senate: Rereferred to Commerce and Labor
2011-01-26 Senate: Rereferred from Courts of Justice (14-Y 0-N)
2010-12-28 Senate: Referred to Committee for Courts of Justice
2010-12-28 Senate: Prefiled and ordered printed; offered 01/12/11 11101716D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
591199(n/a)See Bill Text
591200(n/a)See Bill Text

Virginia State Sources


Bill Comments

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