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Senate Bill 0232


Senate Bill 0232

ARCHIVE (2007)

Latest Information

 

DIGEST OF SB 232 (Updated April 26, 2007 6:17 pm - DI 87)


Real property issues.Provides that if the mailing address on a conveyance of real property is not a street address or rural route address of the grantee, the conveyance must also include a street address or rural route address of the grantee after the mailing address. Provides that a conveyance may not be recorded after June 30, 2007, unless the conveyance meets this requirement. Provides that if certain recorded mortgages do not comply with certain requirements or technical recording requirements, the mortgage is validly recorded and provides constructive notice of the contents of the mortgage as of the date of filing. Establishes procedures for creating, recording, foreclosing, and releasing a lien on real estate filed by a homeowners association for nonpayment of common expenses assessed against the real estate.
    Current Status:
     Law Enacted
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