SB 245 — AN ACT TO AMEND TITLE 25 OF THE DELAWARE CODE RELATING TO MORTGAGES.
Last action — Signed by Governor
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced June 12, 2020. Enacted.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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11 sponsors
2 primary, 9 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (7 D · 1 R) — cross-party backing.
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
This Act amends the Real Estate Code to modernize the definition of purchase money mortgage under Delaware law to include lenders other than the seller of the mortgaged property who provide financing to purchase the property. Additionally, this Act extends the time period to record a purchase money mortgage from 5 days to 10 days and explicitly subordinates a mechanic’s lien under Chapter 27 of Title 25 to a purchase money mortgage. Finally, this Act makes technical corrections to conform existing language to the standards of the Delaware Legislative Drafting Manual. Specifically, the existing language of § 2108 of Title 25 is redrafted in § 2018(c) and (d) in this Act.
Bill Text
- Bill Text View text Current pdf
Action History
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Signed by Governor
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Passed By House. Votes: 41 YES
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Suspension of Rules in House
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Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
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Passed By Senate. Votes: 21 YES
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Suspension of Rules in Senate
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Introduced and Laid on Table in Senate
Sponsors
- Sean M. Lynn · Cosponsor
- Kevin S Hensley · Cosponsor
- Krista Griffith · Cosponsor
- Bryan Townsend · Cosponsor
- David P. Sokola · Cosponsor
- Stephanie L. Hansen · Cosponsor
- William Bush · Primary
- Trey Paradee · Primary
- Anthony Delcollo · Cosponsor
- Sherry Dorsey Walker · Cosponsor
- Michael Ramone · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 9 co-sponsors · 51 not signed on
Sponsors (2)
- William Bush Democratic
- Trey Paradee Democratic
Co-sponsors (9)
- Sean M. Lynn Democratic
- Kevin S Hensley Republican
- Krista Griffith Democratic
- Bryan Townsend Democratic
- David P. Sokola Democratic
- Stephanie L. Hansen Democratic
- Anthony Delcollo
- Sherry Dorsey Walker
- Michael Ramone
Not signed on (51)
51 members have not signed on to this bill.
Show all 51 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 17 | 0 | 0 | 0 |
| Democratic | 12 | 0 | 0 | 0 |
| Republican | 12 | 0 | 0 | 0 |
| Total | 41 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (41)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 0 |
| Democratic | 9 | 0 | 0 | 0 |
| Republican | 5 | 0 | 0 | 0 |
| Total | 21 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (21)
| Member | Party | Vote |
|---|---|---|
| Anthony Delcollo | — | Yea |
| Bruce C. Ennis | — | Yea |
| Catherine Cloutier | — | Yea |
| Colin Bonini | — | Yea |
| David B. McBride | — | Yea |
| Ernesto B Lopez | — | Yea |
| Harris B. McDowell | — | Yea |
| Bryan Townsend | Democratic | Yea |
| Darius J. Brown | Democratic | Yea |
| David P. Sokola | Democratic | Yea |
| John "Jack" Walsh | Democratic | Yea |
| Laura V. Sturgeon | Democratic | Yea |
| Nicole Poore | Democratic | Yea |
| S. Elizabeth Lockman | Democratic | Yea |
| Stephanie L. Hansen | Democratic | Yea |
| Trey Paradee | Democratic | Yea |
| Brian Pettyjohn | Republican | Yea |
| Bryant L. Richardson | Republican | Yea |
| Dave G. Lawson | Republican | Yea |
| David L. Wilson | Republican | Yea |
| Gerald W. Hocker | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 245 do?
- This Act amends the Real Estate Code to modernize the definition of purchase money mortgage under Delaware law to include lenders other than the seller of the mortgaged property who provide financing to purchase the property. Additionally, this Act extends the time period to record a purchase money mortgage from 5 days to 10 days and explicitly subordinates a mechanic’s lien under Chapter 27 of Title 25 to a purchase money mortgage. Finally, this Act makes technical corrections to conform existing language to the standards of the Delaware Legislative Drafting Manual. Specifically, the existing language of § 2108 of Title 25 is redrafted in § 2018(c) and (d) in this Act.
- Who sponsors SB 245?
- SB 245 is sponsored by Sean M. Lynn (Democratic), Kevin S Hensley (Republican), Krista Griffith (Democratic), Bryan Townsend (Democratic), David P. Sokola (Democratic), Stephanie L. Hansen (Democratic), William Bush (Democratic), Trey Paradee (Democratic), Anthony Delcollo, Sherry Dorsey Walker, and Michael Ramone.
- What is the current status of SB 245?
- This bill has been enacted into law. Introduced June 12, 2020. Enacted.
- Where can I track SB 245?
- Track SB 245 free on One Click Politics — get push/email alerts when it moves.
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