SB 0164 | Revises Definition of County Title Records |
Sponsor: | Caskey | |||
LR Number: | L0860.03T | Fiscal Note: | 0860-03 | |
Committee: | LGED | |||
Last Action: | 07/01/97 - Signed by Governor | Journal page: | ||
Title: | HCS/SB 164 | |||
Effective Date: | August 28, 1997 | |||
HCS/SB 164 - This act provides that all deeds, mortgages, conveyances and bonds must contain a legal description of the lands affected. Supplemental indentures of utility companies and rural electric cooperatives are excluded. All deeds, except deeds of easement or right-of-way, must contain a mailing address of one grantee. The document shall not be recorded absent such information, although the validity of the document shall not be affected.
The act also revises the definition of "title plant", which
are the land records kept by county recorders of deeds. The new
definition includes any county record which would give
constructive notice to purchasers of real property. The index
must be kept geographically containing a legal description of the
affected land and otherwise by name of affected person.
JOAN GUMMELS