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Floor Packet Page No. 22
Amend CSHB 3 as follows:
On page 6 delete lines 21-27, and on page 7 delete lines 1-4,
and substitute the following:
(b) This section does not apply to a sale or other transfer
of real property if the sale or other transfer is made:
(1) pursuant to a court order;
(2) to or from a trustee in bankruptcy;
(3) pursuant to a power of sale under a deed of trust or
other encumbrance secured by the property;
(4) by a deed in lieu of foreclosure;
(5) by one co-owner to one or more other co-owners;
(6) to a spouse or to a person or persons in the first
degree of lineal consanguinity of one or more of the sellers or
grantors;
(7) of an interest less than a full fee simple
interest; or
(8) subject to a power of eminent domain.