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Senate adopts 10‑year foreclosure limit for certain second mortgages, tightens title cleanup rules

Connecticut State Senate · May 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Lawmakers passed an amendment establishing a 10‑year statute of limitations for foreclosure on assigned second mortgages for owner‑occupied 1–4 family dwellings and reduced the period to remove unreleased mortgages from titles from 20 to 10 years. Sponsors said the change protects homeowners from surprise collections of long‑dormant "zombie" mortgages.

The Connecticut Senate passed an amendment to what was originally a study bill that imposes time limits on foreclosure actions involving assigned second mortgages and eases processes for clearing stale, unreleased mortgages from land records.

Senator Billy Miller, explaining the strike‑all amendment that became the bill, said it "seeks to establish a 10 year statute of…

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