HB 743: Estoppel Letters
GENERAL BILL by Fabricio ; (CO-INTRODUCERS) Benjamin
Estoppel Letters; Revises timeframe for mortgagee or mortgage servicer to send estoppel letter; revises requirements for estoppel letter; prohibits mortgagee or mortgage servicer from denying accuracy of estoppel letter; requires payments be applied to unpaid balance of mortgage; provides methods for sending written request for estoppel letter, estoppel letter, & corrected estoppel letter; requires mortgagee or mortgage servicer to take actions within specified time after unpaid balance of loan secured by mortgage has been fully paid; authorizes attorney fees & costs; provides liability.
Last Action: 5/1/2023 House - Laid on Table; companion bill(s) passed, see SB 708 (Ch. 2023-135)
Bill Text: PDF
-
Bill History
Date Chamber Action 2/10/2023 House • Filed
2/21/2023 House • Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/7/2023 House • 1st Reading (Original Filed Version)
3/17/2023 House • Added to Insurance & Banking Subcommittee agenda
3/21/2023 House • Favorable by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
• Now in Civil Justice Subcommittee
3/23/2023 House • Added to Civil Justice Subcommittee agenda
3/27/2023 House • Favorable by Civil Justice Subcommittee
• Reported out of Civil Justice Subcommittee
• Now in Commerce Committee
4/6/2023 House • Added to Commerce Committee agenda
4/11/2023 House • Favorable by Commerce Committee (Amended)
• Reported out of Commerce Committee
• Bill released to House Calendar
• Added to Second Reading Calendar
5/1/2023 House • Laid on Table; companion bill(s) passed, see SB 708 (Ch. 2023-135)
-
HB 743, Original Filed Version (Current Bill Version) Posted 2/10/2023 at 2:00 PM
Bill Text: PDF Analyses: Insurance & Banking Subcommittee (Post-Meeting) 5/31/2023 (pdf)
Civil Justice Subcommittee (Post-Meeting) 3/27/2023 (pdf)
Commerce Committee (Post-Meeting) 4/11/2023 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 708 (er) Estoppel Letters Burgess Identical Last Action: 5/26/2023 Chapter No. 2023-135 
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 701.04 Cancellation of mortgages, liens, and judgments. Page 3 (pdf) 701.041 Title insurer; mortgage release certificate. Page 9 (pdf)