Bill Summary for Bill Number HB13-1307

Date: 04/23/2013

Final
BILL SUMMARY for HB13-1307

HOUSE COMMITTEE ON JUDICIARY

Votes: View-->	Action Taken:
Adopt amendment L.001 (Attachment J). The motion p Refer House Bill 13-1307, as amended, to the Commi	Pass Without Objection PASS

03:52 PM -- House Bill 13-1307

Representative Kagan, sponsor, presented House Bill 13-1307. Under current law, the fact that a document of title relating to real property does not contain an address, identifying number, or assessor's schedule number or parcel number does not render the document ineffective, nor render the title unmarketable, if the property's legal description appears in the document. The bill specifies that the absence of a legal description in a document of title relating to real property does not necessarily:

render the document defective or invalid, or void the recording of the document by the county clerk and recorder of the county where the real property is situated; or

determine whether the document is valid against a person obtaining rights in real property.

04:00 PM -- Randall Alt, representing the Colorado Bar Association, testified in support of the bill. Mr. Alt provided a fact sheet about the bill (Attachment I) and read statistics about title documents. He addressed prepared amendment L.001 (Attachment J). He explained why the bill is necessary. He responded to questions from the committee.

13HseJud0423AttachI.pdf

13HseJud0423AttachJ.pdf

04:14 PM -- Alexander Pankonin, representing the Land Title Association, testified in support of the bill.


BILL:	HB13-1307
TIME:	04:22:06 PM
MOVED:	Kagan
MOTION:	Adopt amendment L.001 (Attachment J). The motion passed without objection.
SECONDED:	Salazar
		VOTE
	Buckner
	Court
	Gardner
	Lawrence
	McLachlan
	Murray
	Pettersen
	Salazar
	Wright
	Lee
	Kagan

YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:	HB13-1307
TIME:	04:22:37 PM
MOVED:	Kagan
MOTION:	Refer House Bill 13-1307, as amended, to the Committee of the Whole. The motion passed on a vote of 11-0.
SECONDED:	Gardner
		VOTE
	Buckner	Yes
	Court	Yes
	Gardner	Yes
	Lawrence	Yes
	McLachlan	Yes
	Murray	Yes
	Pettersen	Yes
	Salazar	Yes
	Wright	Yes
	Lee	Yes
	Kagan	Yes

Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS