HB 2562

  • Oregon House Bill
  • 2017 Regular Session
  • Introduced in House Apr 24, 2017
  • House
  • Senate
  • Signed by Governor May 25, 2017

Relating to notices required from lenders with contracts for reverse mortgages.

Abstract

Requires lender that has contract with person for reverse mortgage to send person or escrow agent, title insurance company or other agent that pays property taxes on person's behalf notice that states that title to property that is subject to reverse mortgage remains with person and person is responsible for paying property taxes and related taxes on property. Provides that lender must send notice each year at least 60 days before property taxes are due on property.

Bill Sponsors (4)

Votes


Actions


Jun 21, 2017

Oregon Legislative Assembly

Chapter 161, (2017 Laws): Effective date January 1, 2018.

May 25, 2017

Oregon Legislative Assembly

Governor signed.

May 22, 2017

Oregon Legislative Assembly

President signed.

May 19, 2017

Oregon Legislative Assembly

Speaker signed.

May 16, 2017

Oregon Legislative Assembly

Third reading. Carried by Beyer. Passed.

May 15, 2017

Oregon Legislative Assembly

Second reading.

May 15, 2017

Oregon Legislative Assembly

Recommendation: Do pass the A-Eng. bill.

May 08, 2017

Oregon Legislative Assembly

Public Hearing and Work Session held.

Apr 27, 2017

Oregon Legislative Assembly

Referred to Business and Transportation.

Apr 24, 2017

Oregon Legislative Assembly

First reading. Referred to President's desk.

Apr 20, 2017

Oregon Legislative Assembly

Third reading. Carried by Witt. Passed.

Apr 19, 2017

Oregon Legislative Assembly

Rules suspended. Carried over to April 20, 2017 Calendar.

Apr 18, 2017

Oregon Legislative Assembly

Rules suspended. Carried over to April 19, 2017 Calendar.

Apr 17, 2017

Oregon Legislative Assembly

Second reading.

Apr 13, 2017

Oregon Legislative Assembly

Recommendation: Do pass with amendments and be printed A-Engrossed.

Apr 12, 2017

Oregon Legislative Assembly

Work Session held.

Feb 08, 2017

Oregon Legislative Assembly

Public Hearing held.

Jan 18, 2017

Oregon Legislative Assembly

Referred to Business and Labor.

Jan 09, 2017

Oregon Legislative Assembly

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Introduced PDF
House Amendments to Introduced PDF
Enrolled PDF
A-Engrossed PDF

Related Documents

Document Format
No related documents.

Sources

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