A06631 Summary:
| BILL NO | A06631 |
| SAME AS | No Same As |
| SPONSOR | Perry |
| COSPNSR | |
| MLTSPNSR | |
| Amd S1354, RPAP L | |
| Relates to an officer's notification of a homeowner's balance after a debt is paid in full; provides that officers conducting a sale shall notify a homeowner of the balance in writing in a timely manner and shall clearly state that the debt is paid in full. | |
A06631 Actions:
| BILL NO | A06631 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 03/27/2015 | referred to judiciary | |||||||||||||||||||||||||||||||||||||||||||||||||
| 01/06/2016 | referred to judiciary | |||||||||||||||||||||||||||||||||||||||||||||||||
A06631 Committee Votes:
Go to topA06631 Floor Votes:
There are no votes for this bill in this legislative session.
Go to topA06631 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 6631 2015-2016 Regular Sessions IN ASSEMBLY March 27, 2015 ___________ Introduced by M. of A. PERRY -- read once and referred to the Committee on Judiciary AN ACT to amend the real property actions and proceedings law, in relation to an officer's notification of a homeowner's balance after a debt is paid in full The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 1354 of the real property actions and proceedings 2 law is amended by adding a new subdivision 5 to read as follows: 3 5. Notification of balance. An officer conducting a sale shall notify, 4 in a timely manner, a homeowner in writing of a balance due to such 5 homeowner after the sale of the homeowner's home. Such officer shall 6 state in such written notice in clearly understood language that the 7 debt is paid in full. 8 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10171-01-5