- District 29
This Act provides an automatic satisfaction of a mortgage 10 years after the maturity date as stated in the mortgage or any recorded extension of the mortgage or, in the absence of a stated maturity date, 40 years after the recording of the mortgage or any extension of the mortgage. This Act also reduces the time after which an attorney may file a certificate of satisfaction under § 2123 of Title 25 of the Delaware Code to 10 years after the maturity date and 40 years after the recording of a mortgage.
Signed by Governor
Passed By Senate. Votes: 21 YES
Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits
Assigned to Banking, Business & Insurance Committee in Senate
Passed By House. Votes: 41 YES
Amendment HA 1 to HB 338 - Introduced and Placed With Bill
Amendment HA 1 to HB 338 - Passed In House by Voice Vote
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 1 Favorable, 9 On Its Merits
Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
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|HA 1 to HB 338||HTML PDF|
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