Housing: mortgages and deeds of trust: use of state property: surplus land disposal: financing programs.
(1) Existing law prescribes various requirements to be satisfied before the exercise of a power of sale under a mortgage or deed of trust and prescribes a procedure for the exercise of that power. Existing law prescribes the dates when a trustee's sale is deemed final if specified payments are made and, in this regard, a trustee's sale is deemed final upon the acceptance of the last and highest bid and is deemed perfected as of 8 a.m. on the actual date of sale if the trustee's deed is recorded within 18 calendar days after the sale, except as specified.
us/states/ca
California Legislature
20212022
AB 175
California AB 175 (20212022)
bill
appropriation
Housing: mortgages and deeds of trust: use of state property: surplus land disposal: financing programs.
California AB 175 (20212022) — Housing: mortgages and deeds of trust: use of state property: surplus land disposal: financing programs.
(1) Existing law prescribes various requirements to be satisfied before the exercise of a power of sale under a mortgage or deed of trust and prescribes a procedure for the exercise of that power. Existing law prescribes the dates when a trustee's sale is deemed final if specified payments are made and, in this regard, a trustee's sale is deemed final upon the acceptance of the last and highest bid and is deemed perfected as of 8 a.m. on the actual date of sale if the trustee's deed is recorded within 18 calendar days after the sale, except as specified.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
AB 175 BUDGET Assembly Third Reading By TING — 56–18 (pass) · lower
Do pass — 13–0 (pass) · upper
AB 175 BUDGET Concurrence in Senate Amendments By TING — 79–0 (pass) · lower
Sponsors
Committee on Budget — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2021-01-08 Introduced. To print. introduction
2021-01-09 From printer. May be heard in committee February 9.
2021-01-11 Read first time. reading-1
2021-01-28 Referred to Com. on BUDGET. referral-committee
2021-02-17 From committee chair, with author's amendments: Amend, and re-refer to Com. on BUDGET. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
2021-02-18 Re-referred to Com. on BUDGET. referral-committee
2021-09-05 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.R. amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee
2021-09-07 From committee: Do pass. (Ayes 13. Noes 0.) (September 7). committee-passage, committee-passage-favorable
2021-09-08 Read second time. Ordered to third reading. reading-1, reading-2
2021-09-09 Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 0. Page 2578.). passage, reading-1, reading-3
2021-09-09 In Assembly. Concurrence in Senate amendments pending.