CS/SB 464: Transfer Fee Covenants/Real Property [LPCC]
GENERAL BILL by Judiciary ; Aronberg
Transfer Fee Covenants/Real Property [LPCC]; Provides that certain transfer fee covenants concerning interest in real property are unenforceable against subsequent owners, purchasers, and mortgagees. Provides that a presumption is not created in favor of transfer fee covenants recorded before the effective date of this act. Clarifies that corporations may execute conveyances, etc.
Effective Date: 07/01/2008
Last Action: 5/28/2008 - Approved by Governor; Chapter No. 2008-35
Bill Text: Web Page | PDF
Last Action: 5/28/2008 - Approved by Governor; Chapter No. 2008-35
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 10/8/2007 | Senate |
• Filed |
| 12/13/2007 | Senate |
• Referred to Judiciary; Regulated Industries |
| 3/4/2008 | Senate |
• Introduced, referred to Judiciary; Regulated Industries -SJ 00031 |
| 3/13/2008 | Senate |
• On Committee agenda-- Judiciary, 03/18/08, 2:00 pm, 110-S |
| 3/18/2008 | Senate |
• CS by Judiciary; YEAS 11 NAYS 0 -SJ 00289; CS read 1st time on 03/20/08 -SJ 00317 |
| 3/20/2008 | Senate |
• Pending reference review under Rule 4.7(2) |
| 3/25/2008 | Senate |
• Now in Regulated Industries -SJ 00317 |
| 3/27/2008 | Senate |
• On Committee agenda-- Regulated Industries, 04/01/08, 9:30 am, 110-S |
| 4/1/2008 | Senate |
• Favorable by- Regulated Industries; YEAS 10 NAYS 0 -SJ 00390; Placed on Calendar, on 2nd reading -SJ 00390 |
| 4/10/2008 | Senate |
• Placed on Special Order Calendar; Read 2nd time -SJ 00519 |
| 4/16/2008 | Senate |
• Read 3rd time -SJ 00556; CS passed; YEAS 39 NAYS 0 -SJ 00556 |
| 4/17/2008 | House |
• In Messages |
| 4/18/2008 | House |
• Received, referred to Calendar -HJ 00669 |
| 4/22/2008 | House |
• Substituted for CS/HB 391 -HJ 00697; Read 2nd time -HJ 00697 |
| 4/23/2008 | House |
• Read 3rd time -HJ 00718; CS passed; YEAS 116 NAYS 0 -HJ 00719 |
| 4/23/2008 | Senate |
• Ordered enrolled -SJ 00780 |
| 5/19/2008 |
• Signed by Officers and presented to Governor |
|
| 5/28/2008 |
• Approved by Governor; Chapter No. 2008-35 |