Rhode Island SB 667: AN ACT RELATING TO PROPERTY - RESIDUAL DEBT AFTER SHORT SALE OF RESIDENTIAL PROPERTY (Prohibits a lender from filing an action for a deficiency judgment following a short sale of residential property if the lender reports to the IRS it has cancelled all or part of the borrower's debt and provides the borrower with a copy of the report.)

Status: 04/11/2017 Committee recommended measure be held for further study (as of 2017-04-11)

State: Rhode Island · Session: 2017 · Bill: SB 667

Subjects: Property, Financial Institutions, Mortgages

Sponsors: Sheehan

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