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.
| 106 Yeas / 4 Nays | |
|---|---|
