Help | Staff Login
2015 Regular Session
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to requirements for real estate closing escrows; declaring an emergency.
Catchline/Summary: Provides that escrow agent or other person that engages in real estate closing escrow may not accept funds, property or documents if principal to real estate closing escrow is 65 years of age or older and selling price of property is more than 20 percent below appraised or assessed value and if escrow agent or other person reasonably believes that principal does not understand nature or terms of transaction.
Chapter Number:
Fiscal Impact: Has Minimal Fiscal Impact
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In House Committee
Current Committee: House Committee On Consumer Protection and Government Effectiveness
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events