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MO HB487
Bill
Status
2/10/2011
Primary Sponsor
Michael Corcoran
Click for details
AI Summary
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Expands deed options for organizations seeking permanent ownership of abandoned property after one year of temporary possession, allowing petitions for sheriff's deed or court administrator's deed in addition to judicial deed
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Conveyance by any of these deed types extinguishes all existing ownership interests and liens on the property, except for tax liens
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Extinguishes all liability against the deed grantee and successors in interest, except for penalties, interest, attorney fees, and court costs related to collecting delinquent land taxes on the property
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Requires any party with interest in the property to present compensation claims before the court order conveying title is entered
Legislative Description
Allows organizations with temporary possession of certain property the additional options of filing a petition for a sheriff's deed or a court administrator's deed
Last Action
Referred: Judiciary (H)
4/12/2011