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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

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  • 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

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  • CS/SB 464, Enrolled (Current Bill Version) Posted 4/23/2008 at 7:24 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 391 (c1) Real Estate Conveyances McBurney Similar Last Action: 4/22/2008 H 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
    Location:

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.01 How real estate conveyed.
    689.28
    692.01 Conveyances by corporations.

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  • CS/SB 464, Committee Substitute 1 Posted 3/20/2008 at 3:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Post-Meeting) 3/19/2008 (pdf)
    Regulated Industries (Post-Meeting) 4/1/2008 (pdf)

    Committee Votes (1)

    Date Committee Result
    4/1/2008 9:30 AM Regulated Industries 10 Yeas - 0 Nays

    Floor Votes (2)

    Date Chamber Result
    4/16/2008 11:48 AM Senate 39 Yeas - 0 Nays
    4/23/2008 9:45 AM House 116 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    689.01 How real estate conveyed.
    689.28
    692.01 Conveyances by corporations.

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  • SB 464, Original Filed Version Posted 11/9/2007 at 12:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    826148 - Amendment
    		Judiciary
    (Geller)     		3/17/2008
    3:47 PM     		Replaced by Committee Substitute
    3/18/2008     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/18/2008 2:00 PM Judiciary 11 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    689.28

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