Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 24, 2022 |
returned to assembly passed senate 3rd reading cal.1179 substituted for s3933 |
May 05, 2022 |
referred to judiciary delivered to senate passed assembly |
Jan 05, 2022 |
ordered to third reading cal.113 |
Jun 02, 2021 |
ordered to third reading rules cal.299 rules report cal.299 reported |
May 26, 2021 |
reported referred to rules |
Jan 22, 2021 |
referred to judiciary |
Assembly Bill A3081
2021-2022 Legislative Session
Sponsored By
PEOPLES-STOKES
Archive: Last Bill Status - Passed Senate & Assembly
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2021-A3081 (ACTIVE) - Details
2021-A3081 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3081 2021-2022 Regular Sessions I N A S S E M B L Y January 22, 2021 ___________ Introduced by M. of A. PEOPLES-STOKES -- read once and referred to the Committee on Judiciary AN ACT to amend the real property actions and proceedings law, in relation to prohibiting the registration of mortgages in default prior to the filing of a notice of pendency THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property actions and proceedings law is amended by adding a new section 1393 to read as follows: § 1393. MORTGAGES IN DEFAULT. 1. NO LOCAL LAW, ORDINANCE OR RESOLUTION SHALL ALLOW FOR THE REGISTRATION OF RESIDENTIAL MORTGAGES IN DEFAULT PRIOR TO A MORTGAGEE FILING A NOTICE OF PENDENCY IN A COURT OF COMPETENT JURISDICTION. 2. NO SUCH LOCAL LAW, ORDINANCE OR RESOLUTION SHALL REQUIRE A HOMEOWN- ER OR OCCUPANT TO REGISTER. 3. ANY LOCAL LAW, ORDINANCE OR RESOLUTION THAT ALLOWS FOR THE REGIS- TRATION OF RESIDENTIAL MORTGAGES IN DEFAULT MAY IMPOSE A REGISTRATION FEE NOT EXCEEDING SEVENTY-FIVE DOLLARS ANNUALLY. A MORTGAGEE AND/OR ITS AGENTS ARE PROHIBITED FROM PASSING ALONG SUCH FEES TO THE MORTGAGOR IN DEFAULT. 4. FOR THE PURPOSES OF THIS SECTION, A MORTGAGE DEFAULT OCCURS WHEN A MORTGAGOR FAILS TO FULFILL ITS OBLIGATIONS UNDER A MORTGAGE AGREEMENT. 5. "REGISTRATION" SHALL MEAN THE COLLECTION, PUBLICATION OR POSTING, PUBLIC OR OTHERWISE, OF RESIDENTIAL MORTGAGES IN DEFAULT BY A LOCAL GOVERNING BODY OR AN AGENCY THEREOF, OR ANY THIRD-PARTY ENTITY THAT CONTRACTS WITH SUCH LOCAL GOVERNING BODY. 6. "NOTICE OF PENDENCY" SHALL HAVE THE SAME MEANING AS DEFINED IN SECTION SIXTY-FIVE HUNDRED ONE OF THE CIVIL PRACTICE LAW AND RULES. 7. A LOCAL GOVERNING BODY, THROUGH A LOCAL LAW, ORDINANCE OR RESOL- UTION, MAY IMPOSE A FINE ON A MORTGAGEE FOR NONCOMPLIANCE WITH THIS SECTION OR ANY LOCAL LAW, ORDINANCE OR RESOLUTION THAT ALLOWS FOR THE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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