AN ACT LIMITING FEES RELATED TO A FORECLOSURE BY SALE ON RESIDENTIAL REAL PROPERTY.


General Assembly		*Proposed Bill No. 644*
*January Session, 2009*		LCO No. 758

Referred to Committee on Judiciary
Introduced by:
SEN. CRISCO, 17^th Dist.

AN ACT LIMITING FEES RELATED TO A FORECLOSURE BY SALE ON RESIDENTIAL REAL PROPERTY.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 49-25 of the general statutes be amended to limit to one hundred dollars per hour the amount a person may charge for services provided when the person is appointed by the court to sell residential real property in a foreclosure by sale.

Statement of Purpose:

To limit the hourly rate a person may charge for expenses related to a foreclosure by sale on residential real property.