West Virginia Senate Bill 191

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-10 - To Judiciary
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

The purpose of this bill is to regulate land installment contracts for the sale of real estate. The bill provides for definitions. The bill lays out land installment contract requirements. The bill provides for vendor requirements. The bill provides for the condition of forfeiture, notice of default, and right to cure. The bill defines the effect of vendor's default on lien on property. The bill defines contrary provisions. The bill defines interest. The bill provides for remedies. Finally, the bill clarifies the Truth in Lending Act.

Relating to real property conveyed by land installment agreement

Sen. Ryan Weld [R]

Sen. Vince Deeds [R]

Date	Chamber	Action
2024-01-10	Senate	To Judiciary
2024-01-10	Senate	Introduced in Senate
2024-01-10	Senate	To Judiciary
2024-01-10	Senate	Filed for introduction

Chapter	Article	Section	Citation Type	Statute Text
37	16	1	New Code	See Bill Text
37	16	2	New Code	See Bill Text
37	16	3	New Code	See Bill Text
37	16	4	New Code	See Bill Text
37	16	5	New Code	See Bill Text
37	16	6	New Code	See Bill Text
37	16	7	New Code	See Bill Text
37	16	8	New Code	See Bill Text
37	16	9	New Code	See Bill Text

Type	Source
Summary	http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=191&year=2024&sessiontype=RS&btype=bill
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb191%20intr.htm&yr=2024&sesstype=RS&i=191