LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION
 
April 11, 2007

TO:
Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence
 
FROM:
John S. O'Brien, Director, Legislative Budget Board
 
IN RE:
SB1781 by Carona (Relating to technical defects in instruments conveying real property.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend statute relating to technical defects in instruments conveying real property. Under the bill a person with a right of action for the recovery of real property or an interest in real property conveyed by an instrument with a technical defect must bring suit not later than two years after the day the instrument was filed for record with the county clerk in the county where the property is located.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
212 Office of Court Administration, Texas Judicial Council
LBB Staff:
JOB, SD, MN