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HI HB2044

Bill

Status

Introduced

1/21/2014

Primary Sponsor

Angus McKelvey

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Extends the sunset date for voluntary deregistration of fee non-time share interests from December 31, 2014, to December 31, 2016, allowing continued work by an ad hoc working group on implementation models.

  • Clarifies that upon cancellation of a fee time share interest certificate of title, the registrar may file a cancellation record in the application or consolidation file and the state surveyor may annotate land court maps with the deregistered land identification and bureau of conveyances document number.

  • Authorizes the state surveyor to annotate land court maps to identify deregistered land and note the corresponding bureau of conveyances document number of the canceled certificate of title.

  • Maintains the mandatory and permanent deregistration of time share interests established under Act 119 (2013), while extending the timeline for voluntary deregistration of other fee interests.

Legislative Description

Deregistration; Bureau of Conveyances; Fee Non-time Share Interests; Fee Time Share Interests

Last Action

The committee(s) on CPC recommend(s) that the measure be deferred.

2/24/2014

Committee Referrals

Consumer Protection & Commerce2/6/2014
Water & Land1/21/2014

Full Bill Text

No bill text available