Bill Text: TX HB3320 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to the effect of recording a quitclaim deed.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-04-20 - Left pending in committee [HB3320 Detail]
Download: Texas-2021-HB3320-Introduced.html
87R3889 NC-F | ||
By: Landgraf | H.B. No. 3320 |
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relating to the effect of recording a quitclaim deed. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Chapter 13, Property Code, is amended by adding | ||
Section 13.006 to read as follows: | ||
Sec. 13.006. EFFECT OF RECORDING QUITCLAIM DEED. After the | ||
fourth anniversary of the date a quitclaim deed for real property is | ||
recorded in the deed records of the county in which the real | ||
property is located, the quitclaim deed: | ||
(1) does not affect the question of the good faith of a | ||
subsequent purchaser or creditor; and | ||
(2) is not notice to a subsequent purchaser or | ||
creditor of any unrecorded conveyance of, transfer of, or | ||
encumbrance on the real property. | ||
SECTION 2. The change in law made by this Act applies only | ||
to a quitclaim deed recorded on or after the effective date of this | ||
Act. A quitclaim deed recorded before that date is governed by the | ||
law in effect immediately before the effective date of this Act, and | ||
that law is continued in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2021. |