Introduced
by
To establish a legal presumption that a property conveyance (deed or easement) recorded with the county register of deeds is valid if the conveyance meets the statutory requirements proposed by House Bill 4640, and other legal requirements.
Referred to the Committee on Local Government
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 106 to 4 (details)
To establish a legal presumption that a property conveyance (deed or easement) recorded with the county register of deeds is valid if the conveyance meets the statutory requirements proposed by House Bill 4640, and other legal requirements. Also, to the extent that the mortgage instrument validly created a lien (claim against the property, as in a mortgage), the lien would be "perfected" (made legally binding) on the date the affidavit was recorded.
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 34 to 2 (details)
To establish a legal presumption that a property conveyance (deed or easement) recorded with the county register of deeds is valid if the conveyance meets the statutory requirements proposed by House Bill 4640, and other legal requirements. Also, to the extent that the mortgage instrument validly created a lien (claim against the property, as in a mortgage), the lien would be "perfected" (made legally binding) on the date the affidavit was recorded.
Passed in the House 103 to 4 (details)
To concur with the Senate-passed version of the bill.
