HB 1231-1_ Filed 02/15/2007, 09:47


Text Box

Adopted Rejected


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COMMITTEE REPORT


                                                        YES:

10

                                                        NO:
0

MR. SPEAKER:
    Your Committee on       Government and Regulatory Reform     , to which was referred       House Bill 1231     , has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill be amended as follows:

SOURCE: Page 1, line 1; (07)AM123101.1. -->     Page 1, delete lines 1 through 17, begin a new paragraph and insert:
SOURCE: IC 32-21-2-3; (07)AM123101.1. -->     "SECTION 1. IC 32-21-2-3 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2007]: Sec. 3. (a) For a conveyance, a mortgage, or an instrument of writing to be recorded, it must be:
        (1) acknowledged by the grantor; or
        (2) proved before a:
            (A) judge;
            (B) clerk of a court of record;
            (C) county auditor;
            (D) county recorder;
            (E) notary public;
            (F) mayor of a city in Indiana or any other state;
            (G) commissioner appointed in a state other than Indiana by

the governor of Indiana;
            (H) minister, charge d'affaires, or consul of the United States in any foreign country;
            (I) clerk of the city county council for a consolidated city, city clerk for a second class city, or clerk-treasurer for a third class city;
            (J) clerk-treasurer for a town; or
            (K) person authorized under IC 2-3-4-1.
     (b) In addition to the requirements under subsection (a), a conveyance may not be recorded after June 30, 2007, unless a statement is attached to the conveyance that lists the street address (excluding a post office box address) of the person to whom the property is conveyed.

SOURCE: IC 32-21-2-11; (07)AM123101.2. -->     SECTION 2. IC 32-21-2-11 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2007]: Sec. 11. (a) This section applies to a conveyance or other instrument entitled by law to be recorded.
    (b) The recorder of the county in which the land included in a conveyance or other instrument is situated shall record the deed or other instrument together with:
         (1) the requisite certificate of acknowledgment or proof endorsed on the deed or other instrument or annexed to the deed or other instrument; and
        (2) in the case of a conveyance recorded after June 30, 2007, the statement required by section 3(b) of this chapter.

    (c) Unless a certificate of acknowledgment is recorded with a deed, the record of the conveyance or other instrument or a transcript may not be read or received in evidence.".
    Delete page 2.
SOURCE: Page 3, line 1; (07)AM123101.3. -->     Page 3, delete lines 1 though 32.
    Page 3, line 37, after "premises" insert " :
            (A)
".
    Page 3, line 38, after "person;" insert " or

            (B) being purchased by the person under a
contract and leased to another person;".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1231 as introduced.)

and when so amended that said bill do pass.

__________________________________

Representative Stevenson


AM123101/DI 87    2007