American Land Title Association: New Connecticut Law Will Protect Homebuyers From Predatory Contracts
"The property rights of American homebuyers must be protected," said ALTA Vice President of Government Affairs
"The passage of SB 201 is a continuation of
SB 201 follows the objective of similar bills introduced across the country to provide a remedy for existing NTRAPS while also discouraging these types of unfair practices impacting homeowners.
"NELTA appreciates the work conducted by the legislature and
"
The new law will:
* Make NTRAPS unenforceable by law.
* Restrict and prohibit the recording of NTRAPS in property records.
* Create penalties if NTRAPS are recorded in property records.
* Provide for the removal of NTRAPS from property records and recovery of damages.
* * *
About ALTA
* * *
Original text here: https://www.alta.org/news-and-publications/press-release/New-Connecticut-Law-Will-Protect-Homebuyers-from-Predatory-Contracts--
The 2024 session not as bipartisan as some believe | NOONAN
Peter Tian appointed group treasurer of Equitable Holdings
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News