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Real property transactions.

It became law on Aug 6, 2009.

CA SB 306 · Senate Bill · 2009–2010

Stage
Became law
Started in
Senate
Sponsor
1
Latest action
Aug 6, 2009

What it does

(1) Existing law requires that, upon a breach of the obligation of a mortgage or transfer of an interest in property, the trustee, mortgagee, or beneficiary record a notice of default in the office of the county recorder where the mortgaged or trust property is situated and mail the notice of default to the mortgagor or trustor. Existing law, until January 1, 2013, prohibits a mortgagee, trustee, beneficiary, or authorized agent from filing a notice of default for an additional 30 days on loans made between January 1, 2003, to December 31, 2007, that secure residential real property, under certain circumstances.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Aug 6, 2009

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

  • CalderonLead sponsor

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Real property transactions. | 52