| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the delivery of a deed to a grantee and to the recording |
|
|
of a deed. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Subchapter A, Chapter 5, Property Code, is |
|
|
amended by adding Section 5.0195 to read as follows: |
|
|
Sec. 5.0195. DELIVERY TO GRANTEE AND RECORDING OF DEED |
|
|
REQUIRED. (a) A deed that conveys an interest in real property to a |
|
|
grantee must be delivered to the grantee after the deed is executed. |
|
|
(b) Not later than the second anniversary of the date a deed |
|
|
is delivered to the grantee, the deed must be recorded in the real |
|
|
property records of the county in which the property conveyed by the |
|
|
deed is located. |
|
|
(c) A deed is voidable if the deed is not delivered to the |
|
|
grantee and recorded as required by this section. |
|
|
SECTION 2. The change in law made by this Act applies only |
|
|
to a deed executed on or after the effective date of this Act. A deed |
|
|
executed before the effective date of this Act is governed by the |
|
|
law as it existed 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. |