HB 18-1254

  • Colorado House Bill
  • 2018 Regular Session
  • Introduced in House Mar 19, 2018
  • Passed House Mar 16, 2018
  • Passed Senate Mar 29, 2018
  • Signed by Governor Apr 23, 2018

Public Trustee Deed Of Trust Foreclosure Sales

Abstract

The bill modifies and clarifies certain aspects of the foreclosure process on property encumbered by a deed of trust as follows: Eliminates the authority of the attorney for a holder of an evidence of debt (holder) to specify the newspaper used to publish foreclosure notices; Allows an amended combined notice to be omitted in a specified circumstances when the notice is provided by the sheriff or public trustee conducting the foreclosure (officer); Modifies the amount of the deposit required for the fees and costs of the public trustee; Omits a statement notifying borrowers of their ability to file a complaint if they believe a lender or servicer has violated certain requirements from the portions of a combined notice that must be published; Makes changes to the bid form used by holders; Clarifies the amount to be paid to the officer if the holder bids an amount that exceeds the amount due to the holder; Prorates the amount of insurance premiums that may be claimed as costs; Further specifies and modifies the procedures for restarting a foreclosure proceeding when a property is subject to a federal bankruptcy case or if a sale has been enjoined or set aside by a court; Specifies the interest and other amounts that may be charged by the holder of a certificate of purchase when property is redeemed; and Clarifies the procedure for junior subsequent lienors to redeem a property.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

Bill Sponsors (2)

Votes


Actions


Apr 23, 2018

Office of the Governor

Governor Signed

Apr 17, 2018

Office of the Governor

Sent to the Governor

Apr 16, 2018

Senate

Signed by the President of the Senate

House

Signed by the Speaker of the House

Apr 03, 2018

House

House Considered Senate Amendments - Result was to Concur - Repass

Mar 29, 2018

Senate

Senate Third Reading Passed - No Amendments

Mar 28, 2018

Senate

Senate Second Reading Passed with Amendments - Floor

Mar 27, 2018

Senate

Senate Second Reading Laid Over Daily - No Amendments

Mar 22, 2018

Senate

Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Finance

Mar 19, 2018

Senate

Introduced In Senate - Assigned to Finance

  • Introduction
Finance

Mar 16, 2018

House

House Third Reading Passed - No Amendments

Mar 15, 2018

House

House Second Reading Passed with Amendments - Committee

Mar 12, 2018

House

House Committee on Finance Refer Amended to House Committee of the Whole

  • Referral-Committee
  • Committee-Passage
House Committee of the Whole Finance

Feb 22, 2018

House

Introduced In House - Assigned to Finance

  • Introduction
Finance

Bill Text

Bill Text Versions Format
Committee Amendment PDF
PA1 (03/14/2018) PDF
Introduced (02/22/2018) PDF
Engrossed (03/15/2018) PDF
Reengrossed (03/16/2018) PDF
Revised (03/28/2018) PDF
Rerevised (03/29/2018) PDF
Final Act (04/16/2018) PDF
Signed Act (04/23/2018) PDF

Related Documents

Document Format
Fiscal Note FN1 (03/05/2018) PDF
Fiscal Note FN2 (06/14/2018) PDF

Sources

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