87(R) SB 885 - Enrolled version - Bill Text
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AN ACT
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relating to quitclaim deeds. |
 
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             BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
 
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             SECTION  1.    Section 16.025(b), Civil Practice and Remedies |
 
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Code, is amended to read as follows: |
 
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             (b)    This section does not apply to a claim based on a |
 
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quitclaim deed, a forged deed, or a deed executed under a forged |
 
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power of attorney. |
 
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             SECTION  2.    Chapter 13, Property Code, is amended by adding |
 
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Section 13.006 to read as follows: |
 
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             Sec.  13.006.    EFFECT OF RECORDING QUITCLAIM DEED. After the |
 
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fourth anniversary of the date a quitclaim deed for real property is |
 
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recorded in the deed records of the county in which the real |
 
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property is located, the quitclaim deed: |
 
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                         (1)    does not affect the question of the good faith of a |
 
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subsequent purchaser or creditor; and |
 
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                         (2)    is not notice to a subsequent purchaser or |
 
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creditor of any unrecorded conveyance of, transfer of, or |
 
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encumbrance on the real property. |
 
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             SECTION  3.    The change in law made by this Act applies only |
 
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to a quitclaim deed recorded on or after the effective date of this |
 
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Act. A quitclaim deed recorded before that date is governed by the |
 
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law in effect immediately before the effective date of this Act, and |
 
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that law is continued in effect for that purpose. |
 
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             SECTION  4.    This Act takes effect September 1, 2021. |
 
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______________________________ |
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     President of the Senate |
Speaker of the House           |
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             I hereby certify that S.B.  No.  885 passed the Senate on |
 
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April  21,  2021, by the following vote:    Yeas  31, Nays  0. |
 
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______________________________ |
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Secretary of the Senate         |
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             I hereby certify that S.B.  No.  885 passed the House on |
 
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May  8,  2021, by the following vote:    Yeas  134, Nays  5, two present |
 
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not voting. |
 
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______________________________ |
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Chief Clerk of the House       |
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Approved: |
 
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______________________________   |
 
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                       Date |
 
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______________________________   |
 
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                   Governor |