Skip to Navigation | Skip to Main Content | Skip to Site Map

FLHouse.gov | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

CS/CS/HB 229: Land Trusts

GENERAL BILL by Judiciary Committee ; Civil Justice Subcommittee ; Rodriguez, J.

Land Trusts; Providing requirements relating to vesting of ownership in trustee; revises rights, liabilities, & duties of land trust beneficiaries; provides exclusion & applicability; revises provisions relating to land trust transfers of real property & vesting of ownership in trustee; prohibits operation of statute of uses & doctrine of merger to execute land trust or to vest trust property under certain conditions; provides conditions under which beneficial interest is deemed real property; authorizes certain beneficial ownership methods; provides for perfection of security documents; provides that trustee’s legal & equitable title to trust property is separate & distinct from beneficiary's beneficial interest in land trust & trust property; prohibits lien, judgment, mortgage, security interest or other encumbrance against one interest from automatically attaching to another interest; provides that appointment of guardian ad litem is not necessary in certain foreclosure litigation affecting title to trust property of land trust; provides for determination of applicable law for certain trusts; provides applicability relating to UCC financing statements; provides requirements for recording effectiveness; revises & provides scope of Florida Trust Code.

Effective Date: 6/28/2013
Last Action: 7/1/2013 - Chapter No. 2013-240
Bill Text: PDF

Expand All Collapse All

  • Bill History

  • CS/CS/HB 229, Enrolled (Current Bill Version) Posted 4/29/2013 at 4:46 PM

  • CS/CS/HB 229, Engrossed 1 Posted 4/24/2013 at 7:05 PM

  • CS/CS/HB 229, Committee Substitute 2 Posted 3/22/2013 at 12:12 PM

  • CS/HB 229, Committee Substitute 1 Posted 2/19/2013 at 7:30 AM

  • HB 229, Original Filed Version Posted 1/17/2013 at 11:10 AM