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A00035 Summary:

BILL NO    A00035 

SAME AS    SAME AS S00303

SPONSOR    Farrell

COSPNSR    Bronson

MLTSPNSR   

Amd S280, RP L

Provides that a lender providing a reverse mortgage to a person who is 60 years
of age or older may receive not more than 20% of the future appreciation of
property secured by the mortgage as consideration for providing such reverse
mortgage.