Delaware House Bill 29 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 3 2013 - 100% progression
Action: 2013-05-03 - Signed by Governor
Text: Latest bill text (Draft #1) [HTML]

This bill creates a commercial real estate Broker’s Lien and is patterned after similar legislation enacted in several other states. Commercial real estate brokers perform valuable services making a market for real estate and assisting sellers, buyers, landlords, and tenants. These services increase the value of real estate. The broker’s right to compensation should be protected by the right to file a lien. At the same time, this bill protects sellers, buyers, landlords or tenants by being sure they are only charged for brokerage services if they signed a document agreeing to pay. The bill also protects mortgage lenders, real estate taxes and municipal utilities by providing that all of these lienholders have a higher lien status then the Broker’s Lien and will not be affected by the Broker’s Lien. This bill also provides for a procedure to establish an escrow account to extinguish a Broker’s Lien so as not to delay a real estate settlement for a Broker’s Lien that is genuinely in dispute. For a notice of lien to be effective while a complaint is pending under section 2610, the Broker is required to file a continuation of lien prior to the expiration of the current notice of lien.

An Act To Amend Title 25 Of The Delaware Code Relating To Property And Commercial Real Estate Broker's Liens.

Rep. Bryon Short [D]	Sen. Robert Venables [D]	Rep. Deborah Hudson [R]	Rep. Michael Ramone [R]
Rep. Daniel Short [R]	Rep. Kimberly Williams [D]	Sen. Catherine Cloutier [R]	Sen. Bruce Ennis [D]
Sen. Margaret Henry [D]

2013-03-28 - Senate - Senate Third Reading (Y: 20 N: 0 NV: 0 Abs: 1) [PASS]
2013-03-21 - House - House Third Reading (Y: 41 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2013-05-03	House	Signed by Governor
2013-03-28	Senate	Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
2013-03-27	Senate	Reported Out of Committee (SMALL BUSINESS) in Senate with 6 On Its Merits
2013-03-26	Senate	Assigned to Small Business Committee in Senate
2013-03-21	House	Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
2013-03-20	House	Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 10 On Its Merits
2013-03-07	House	Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

Type	Source
Summary	http://legis.delaware.gov/LIS/lis147.nsf/2bede841c6272c888025698400433a04/8d72063be5e65b0985257afb00716889?OpenDocument
Text	http://legis.delaware.gov/LIS/lis147.nsf/vwLegislation/HB+29/$file/legis.html?open
Roll Call	http://legis.delaware.gov/LIS/lis147.nsf/7712cf7cc0e9227a852568470077336f/c81510af80bd350a85257b3500786e0a?OpenDocument
Roll Call	http://legis.delaware.gov/LIS/lis147.nsf/7712cf7cc0e9227a852568470077336f/cfe021ef528a09bd85257b3c006643f4?OpenDocument