Steve's Title Tidbits

December 4, 2017
Today's Topic:
New Law Makes it a Crime for an Owner to Collect Rent After Foreclosure
Public Act 17-26 became effective October 1, 2017 and provides that: “Any previous mortgagor of real property against whom a final judgment of foreclosure has been entered, who continues to collect rental payments on such property after passage of such mortgagor's law day, and who has no legal right to do so, shall be subject to the penalties for larceny…” 
Thought for the day:

“Success is never owned; it's only rented - and the rent is due every day.”
- Rory Vaden

Steve's Title Tidbits are prepared by Steve Maggiola, Counsel and Fairfield County Manager for Connecticut Attorneys Title Insurance Company (CATIC®).

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