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SB1110

Real estate settlement agents; duties.

Status:
Passed

Chief Patron:
Lionell Spruill, Sr (D)

Session:
2021 Regular Session

Summary

As Passed House of Origin. Property; duties of real estate settlement agents.

Provides that the State Corporation Commission may share information collected from a settlement agent or agency regarding any errors and omissions or malpractice insurance policy or surety bond with any party to the real estate transaction in connection with the actions of such agent or agency arising out of a settlement. (Less)
  • Bill History

  • 12/10/2020 - Senate: Prefiled and ordered printed; offered 01/13/21 21101798D
  • 12/10/2020 - Senate: Referred to Committee on General Laws and Technology
  • 01/13/2021 - Senate: Impact statement from SCC (SB1110)
  • 01/13/2021 - Senate: Reported from General Laws and Technology with amendment (15-Y 0-N)
  • 01/15/2021 - Senate: Constitutional reading dispensed (35-Y 0-N)
  • 01/18/2021 - Senate: Read second time
  • 01/18/2021 - Senate: Reading of amendment waived
  • 01/18/2021 - Senate: Committee amendment agreed to
  • 01/18/2021 - Senate: Engrossed by Senate as amended SB1110E
  • 01/18/2021 - Senate: Printed as engrossed 21101798D-E
  • 01/19/2021 - Senate: Read third time and passed Senate (39-Y 0-N)
  • 01/22/2021 - Senate: Impact statement from SCC (SB1110E)
  • 02/02/2021 - House: Placed on Calendar
  • 02/02/2021 - House: Read first time
  • 02/02/2021 - House: Referred to Committee on General Laws
  • 02/08/2021 - House: Continued to Special Session 1 in General Laws
  • 02/09/2021 - House: Assigned GL sub: Housing/Consumer Protection
  • 02/11/2021 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 02/16/2021 - House: Reported from General Laws (20-Y 1-N)
  • 02/18/2021 - House: Read second time
  • 02/19/2021 - House: Read third time
  • 02/19/2021 - House: Passed House (99-Y 0-N 1-A)
  • 02/19/2021 - House: VOTE: Passage (99-Y 0-N 1-A)
  • 02/24/2021 - Senate: Enrolled
  • 02/24/2021 - Senate: Bill text as passed Senate and House (SB1110ER)
  • 02/24/2021 - Senate: Signed by President
  • 02/25/2021 - Senate: Impact statement from SCC (SB1110ER)
  • 02/25/2021 - House: Signed by Speaker
  • 02/26/2021 - Senate: Enrolled Bill Communicated to Governor on February 26, 2021
  • 02/26/2021 - Governor: Governor's Action Deadline 11:59 p.m., March 31, 2021
  • 03/24/2021 - Governor: Approved by Governor-Chapter 324 (effective 7/1/21)
  • 03/24/2021 - Governor: Acts of Assembly Chapter text (CHAP0324)