LC 3489 Legislature · 2025 Regular Session

Generally revise laws relating to deeds in lieu

Bill LC 3489, titled "Generally revise laws relating to deeds in lieu," was assigned a drafter in December 2024 but died in the drafting process in May 2025. The bill would have updated state procedures for "deeds in lieu," a process where homeowners transfer property to lenders to avoid foreclosure. Since it never advanced beyond drafting, no specific provisions were established or implemented. As a result, the proposed changes did not affect any current laws, homeowners, or lenders.
Bill status died 1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 17, 2024 Last action May 27, 2025
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