Loading chat...
MI HB6296
Bill
Status
11/5/2020
Primary Sponsor
Sarah Lightner
Click for details
AI Summary
HB 6296 Summary
-
Amends the Uniform Real Property Electronic Recording Act to clarify that electronic documents and electronic signatures satisfy legal requirements for documents to be "original," "on paper," or "in writing" for recording purposes.
-
Allows notarization, acknowledgment, verification, witnessing, or oath requirements to be satisfied by electronic signature of authorized persons attached to or logically associated with the document, without requiring physical stamps or seals.
-
Adds temporary Section 5a (effective April 29, 2020 through December 31, 2020) requiring registers of deeds to accept electronic documents for recording, or accept notarized tangible copies if lacking electronic equipment.
-
During the Section 5a period, registers of deeds must accept documents from financial institutions and title insurance companies without requiring a separate verified transactional relationship agreement.
-
Takes effect immediately upon enactment and is contingent on House Bill 6297 being enacted into law.
Legislative Description
Property: recording; procedures under the uniform real property electronic recording act; revise to deal with the COVID-19 emergency. Amends secs. 3 & 4 of 2010 PA 123 (MCL 565.843 & 565.844) & adds sec. 5a. TIE BAR WITH: HB 6297'20
Property: recording
Last Action
Assigned Pa 248'20 With Immediate Effect
11/5/2020