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Committee backs measure requiring grantee acknowledgement on certain deeds; exception for low-value parent-to-child transfers
Summary
A committee substitute to Senate Bill 102 would modify deed forms to require a notarized acknowledgement from grantees that they accept the conveyance; the committee approved the substitute and reported it to the full Senate.
A committee substitute for Senate Bill 102 would require a deed conveying real property to include evidence that the grantee has acknowledged and accepted the conveyance, committee counsel told senators.
Committee counsel said under current law deeds do not require evidence that a transfer has been accepted by the grantee, creating situations in which people who thought they were owners discovered after the fact that title had already passed to a different party.…
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