Connecticut Administrative Code Title 49 - Mortgages and Liens
Connecticut Administrative Code – Title 49: Mortgages and Liens focuses on laws regulating mortgages, liens, foreclosures, property encumbrances, and security interests in real property. It provides legal structure and procedural requirements for how debts secured by real estate are handled.
Here is a high-level summary of key topics typically covered under Title 49:
🔑 Key Areas of Title 49 – Mortgages and Liens:
Mortgages:
Rules governing the creation, assignment, and discharge of mortgages.
Requirements for mortgage releases and recording.
Procedures for foreclosures—including strict foreclosure and foreclosure by sale.
Mechanic’s Liens (Construction Liens):
Rights of contractors, subcontractors, and suppliers to file liens on property for unpaid work or materials.
Procedures for filing, foreclosing, and discharging a mechanic’s lien.
Municipal Liens:
Liens placed by cities/towns for unpaid taxes, water/sewer charges, or nuisance abatement.
Priority and enforcement mechanisms.
Judgment Liens:
Allow creditors to place a lien on a debtor’s real property after a court judgment.
Procedures for recording and releasing these liens.
Equitable Interests and Lis Pendens:
Notices of pending litigation involving real estate (Lis Pendens) that may affect title.
Use in disputes over ownership or claims to land.
Tax Liens and Federal Liens:
Procedures for state and federal tax liens on real estate.
Priority rules in relation to other liens.
Redemption Rights and Deficiency Judgments:
Rights of mortgagors to redeem property before foreclosure.
Conditions for seeking a deficiency judgment if sale proceeds don’t satisfy the mortgage debt.
⚖️ Legal Impact:
Title 49 ensures fair treatment of both debtors and creditors in real estate transactions. It balances the interests of lenders, property owners, municipalities, and service providers by setting deadlines, notice requirements, and judicial procedures.
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