LD553 — An Act To Require Mortgage Holders To Notify A Homeowner'S Insurance Company On The Sale Or Transfer Of A Mortgage

LD553 — An Act To Require Mortgage Holders To Notify A Homeowner'S Insurance Company On The Sale Or Transfer Of A Mortgage · Informed CitizenryThe bill enacts §3044 into 24-A MRSA, which requires the holder of a mortgage on a residential property to notify the insurer of the property if the mortgage is sold or transferred.Open in Informed Citizenry