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House committee adopts substitute for bill on transfer of warranties when homes sell

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Summary

A House committee approved a substitute to a bill that, as presented, would require certain loans or expired warranties to transfer with a home sale, lawmakers said during a committee meeting where the substitute passed by voice vote.

A House committee approved a substitute for a bill intended to address transfer issues when homes change hands, lawmakers said during a committee meeting.

Committee members said the measure — presented by Representative Sales — would require that certain loans or expired warranties transfer to a new buyer when property is sold.…

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