HB 335: Satisfaction of Mortgages
GENERAL BILL by Fabricio
Satisfaction of Mortgages; Requires mortgagee or servicer of mortgage to send estoppel letter within specified time; provides requirements for estoppel letter; requires payments received pursuant to estoppel letter be applied to unpaid balance; provides for liability; authorizes damages & attorney fees & costs; prohibits punitive damages; provides certain persons may still be personally liable after recording satisfaction of mortgage.
Effective Date: 10/1/2022
Last Action: 10/19/2021 House - Withdrawn prior to introduction
Bill Text: PDF
Last Action: 10/19/2021 House - Withdrawn prior to introduction
Bill Text: PDF
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Bill History
Date Chamber Action 10/18/2021 House • Filed
10/19/2021 House • Withdrawn prior to introduction
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HB 335, Original Filed Version (Current Bill Version) Posted 10/18/2021 at 5:01 PM
Bill Text: PDF Analyses: None Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 353 (c2) Mortgage Payoff Letters Insurance and Banking Subcommittee Similar Last Action: 3/14/2022 H Died on Second Reading Calendar 
S 1016 (e1) Mortgage Payoff Letters Burgess Similar Last Action: 3/14/2022 H Died in Messages
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 701.04 Cancellation of mortgages, liens, and judgments. Page 2 (pdf) 701.041 Title insurer; mortgage release certificate. Page 8 (pdf)