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]
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.
Title
CONVEYANCES-RECORDING EFFECT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | Senate | Session Sine Die |
2012-03-09 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2012-03-07 | Senate | Postponed - Judiciary |
2012-02-28 | Senate | Postponed - Judiciary |
2012-02-23 | Senate | Postponed - Judiciary |
2012-02-07 | Senate | Assigned to Judiciary |
2012-02-01 | Senate | Referred to Assignments |
2012-02-01 | Senate | First Reading |
2012-02-01 | Senate | Filed with Secretary by Sen. Pamela J. Althoff |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
765 | 5 | 28 | Amended Code | Citation Text |
765 | 5 | 30 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2953&GAID=11&DocTypeID=SB&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/SB/09700SB2953.htm |