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SB400: relative to real estate appraisals conducted for mortgage loan applicants.
Bill details
Version history, amendments, and roll-call votes were not present in the imported local bill data.
Sponsors
- D'Allesandro Senate · Dist 20
- Larry Emerton House · Hills 48
Topics
Official links
SB 400 - AS AMENDED BY THE SENATE
02/19/04 0412s
2004 SESSION
04-3119
06/09
SENATE BILL 400
AN ACT relative to real estate appraisals conducted for mortgage loan applicants.
AMENDED ANALYSIS
This bill requires a lending institution to provide, upon request, a loan applicant with a free copy of any real estate appraisal report required as a condition of the loan.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
02/19/04 0412s
04-3119
06/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Four
AN ACT relative to real estate appraisals conducted for mortgage loan applicants.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Real Estate Appraisals. RSA 479:30 is repealed and reenacted to read as follows:
479:30 Real Estate Appraisals. Any bank, mortgage company or other lending institution which requires a real estate appraisal as a condition of an application for a loan, shall provide, upon request, one copy of the original appraisal free of charge to the loan applicant.
2 Effective Date. This act shall take effect 60 days after its passage.