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HB 0422 - Specialized land transactions; minimum amount for liens; provide

Tracking Level: Passed
Sponsor: Willard,Wendell 49th
Last Action: 5/14/2008 - House Date Signed by Governor
House Committee: Judy
Senate Committee: S JUDY
Assigned To:
08. Probate CourtsNext Bill
09. Magistrate CourtsNext Bill

Staff Analysis of the Legislation

HB 422 amends Chapter 3 of Title 44, relating to regulation of specialized land transactions.  No foreclosure action against a lien on a condominium shall be permitted unless the amount of the lien is at least $2,000. This also applies to home owner association foreclosures. The obligation for the payment of assessments and fees arising from covenants shall include the cost of collection, including reasonable attorney’s fees actually incurred.


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text