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Committee backs bill to treat refiled transfer-fee records as wrongful liens
Summary
A Senate committee unanimously advanced a bill to let homeowners challenge refiled, decades-old transfer-fee covenants as wrongful liens after a representative of the title industry called them “zombie” covenants that reappear in title records and cause problems for lenders and owners.
A Utah Senate Business and Labor Committee voted unanimously Feb. 12 to favorably recommend First Substitute Senate Bill 196, which would allow homeowners to challenge certain refiled transfer-fee covenants as wrongful liens.
Court Ashton of the Utah Land Title Association told the committee the bill targets transfer-fee covenants recorded between about 2007 and 2010 that the Legislature outlawed in 2010 but which some holders later tried to revive by rerecording notices. "We're calling…
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