Bill

Bill > A01528


NY A01528

NY A01528
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.


summary

Introduced
01/11/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

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.

AI Summary

This bill requires officers conducting a sale to notify homeowners in writing, in a timely manner, of any balance due to the homeowner after the sale of their home. The officer must clearly state in the written notice that the debt is paid in full.

Committee Categories

Justice

Sponsors (1)

Last Action

enacting clause stricken (on 04/05/2022)

bill text


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