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CS/HB 391: Real Estate Conveyances

GENERAL BILL by Safety & Security Council ; McBurney ; (CO-INTRODUCERS) Gibson ; Hudson

Real Estate Conveyances; Provides that specified transfer fee covenants are unenforceable against subsequent owners, purchasers, & mortgagees; provides that presumption is not created in favor of transfer fee covenants recorded before effective date of act; expands authority of corporations to execute instruments relating to interests in lands; authorizes corporations to execute conveyances in accordance with specified requirements.

Effective Date: 07/01/2008
Last Action: 4/22/2008 House - Placed on Special Order Calendar; Substituted CS/SB 464; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 464 (Ch. 2008-35) -HJ 00697
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
12/18/2007 House • Filed
1/10/2008 House • Referred to Safety & Security Council
1/15/2008 House • Referred to Courts (SS) by Safety & Security Council
2/13/2008 House • On Committee agenda-- Courts (SS), 02/20/08, 2:30 pm, 216-C
2/20/2008 House • Favorable with 1 amendment(s) by Courts (SS); YEAS 6 NAYS 0
2/21/2008 House • Now in Safety & Security Council
3/3/2008 House • On Council agenda-- Safety & Security Council, 03/05/08, 10:00 am, Reed Hall
3/4/2008 House • Introduced, referred to Safety & Security Council -HJ 00035; Referred to Courts (SS) by Safety & Security Council -HJ 00130; On Committee agenda-- Courts (SS), 02/20/08, 2:30 pm, 216-C; Favorable with 1 amendment(s) by Courts (SS); YEAS 6 NAYS 0 -HJ 00141; Now in Safety & Security Council -HJ 00141; On Council agenda-- Safety & Security Council, 03/05/08, 10:00 am, Reed Hall
3/5/2008 House • CS by- Safety & Security Council; YEAS 15 NAYS 0 -HJ 00214
3/7/2008 House • CS read 1st time on 03/07/08 -HJ 00212; CS filed; Placed on Calendar -HJ 00218
4/22/2008 House • Placed on Special Order Calendar; Substituted CS/SB 464; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 464 (Ch. 2008-35) -HJ 00697