IL SB2953 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Conveyances Act. In a provision requiring deeds, mortgages, powers of attorney, and other instruments relating to or affecting the title to real estate to be recorded, adds language requiring the instruments to be recorded in the recorder's office in the county in which the real estate is situated. In provisions concerning the effect of recording deeds, mortgages, and other instruments, makes the following changes: provides that those provisions also apply to the recording of assignments, mortgage releases, mortgage modifications, land equity loans, liens, lis pendens, and memoranda of judgment; changes the scope to instruments that affect interests in real property; and provides that deeds and title papers are void until recorded (instead of void until recorded as to creditors and subsequent purchasers) with the recorder's office in the county in which the property is located. Effective immediately.

Tracking Information

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Title

CONVEYANCES-RECORDING EFFECT

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2012-03-09SenateRule 3-9(a) / Re-referred to Assignments
2012-03-07SenatePostponed - Judiciary
2012-02-28SenatePostponed - Judiciary
2012-02-23SenatePostponed - Judiciary
2012-02-07SenateAssigned to Judiciary
2012-02-01SenateReferred to Assignments
2012-02-01SenateFirst Reading
2012-02-01SenateFiled with Secretary by Sen. Pamela J. Althoff

Code Citations

ChapterArticleSectionCitation TypeStatute Text
765528Amended CodeCitation Text
765530Amended CodeCitation Text

Illinois State Sources


Bill Comments

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