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New HampshireHB4372025-2026 Regular SessionHouseWALLET

HB437

Sponsored By: Bill Boyd (Republican)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Homeowners: old mortgage liens clear on schedule

The law sets automatic timelines to clear old mortgage liens. Starting January 1, 2028, a lien with no stated term clears 35 years after it was recorded. If the mortgage states a term or maturity, it clears 5 years after that date. The lender and the borrower (or heirs, successors, or assigns) can prevent discharge by recording an extension or an unsatisfied affidavit before the deadline. These must be signed by both sides and recorded in the county registry where the land is. If the extension gives a time period, the lien clears 5 years after that period ends; if not, 5 years after recording. After the deadline, the lien is treated as properly discharged. The law repeals the prior exceptions section on undischarged mortgages. Most of the act takes effect 60 days after passage; the timelines above start January 1, 2028.

Sponsors & Cosponsors

Sponsor

  • Bill Boyd

    Republican • House

Cosponsors

  • Bill M. Gannon

    Republican • Senate

  • David H. Watters

    Democratic • Senate

  • Jodi L Nelson

    Republican • House

  • Katelyn T Kuttab

    Republican • House

  • Mary A Hakken-Phillips

    Democratic • House

  • Maureen C. Mooney

    Republican • House

  • Nancy A Murphy

    Democratic • House

  • Robert J Wherry

    Republican • House

  • Rosemarie Rung

    Democratic • House

  • Steven T Bogert

    Republican • House

  • Tara Reardon

    Democratic • Senate

  • Tim McGough

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Signed by Governor Ayotte 07/07/2025; Chapter 157; eff.09/05/2025

    7/8/2025House

  2. Enrolled (in recess of) 06/12/2025 HJ 17 P. 26

    6/25/2025House

  3. Enrolled Adopted, VV, (In recess 06/12/2025); SJ 17

    6/24/2025Senate

  4. Ought to Pass: MA, VV; OT3rdg; 05/08/2025; SJ 12

    5/8/2025Senate

  5. Committee Report: Ought to Pass, 05/08/2025; Vote 5-0; CC; SC 20

    4/30/2025Senate

  6. Hearing: 04/15/2025, Room 100, SH, 10:20 am; SC 17

    4/8/2025Senate

  7. Introduced 03/27/2025 and Referred to Commerce; SJ 10

    3/27/2025Senate

  8. Ought to Pass with Amendment 2025-0519h: MA VV 03/26/2025 HJ 10 P. 7

    3/26/2025House

  9. Amendment # 2025-0519h: AA VV 03/26/2025 HJ 10 P. 7

    3/26/2025House

  10. Committee Report: Ought to Pass with Amendment # 2025-0519h 03/19/2025 (Vote 16-0; CC) HC 17 P. 7

    3/19/2025House

  11. Executive Session: 03/19/2025 10:00 am LOB 302-304

    3/13/2025House

  12. Subcommittee Work Session: 03/12/2025 10:00 am LOB 302-304

    3/7/2025House

  13. Public Hearing: 02/19/2025 10:00 am LOB 302-304

    2/13/2025House

  14. Vacated and Referred to Commerce and Consumer Affairs (): MA VV (in recess of) 01/09/2025 HJ 3 P. 9

    1/15/2025House

  15. Introduced (in recess of) 01/09/2025 and referred to Housing HJ 3 P. 9

    1/10/2025House

Bill Text

  • Enrolled

    6/24/2025

    HTML

  • Introduced

    1/10/2025

    PDF

  • CHAPTERED FINAL VERSION

    PDF

  • Version adopted by both bodies

    PDF

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