MS HB1255 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 5 2019 - 100% progression
Action: 2019-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create The Mississippi Marketable Record Title Act; To Provide Definitions Relating To Marketable Title; To Provide That A Person Has Marketable Title If The Person Has An Unbroken Chain Of Title For Thirty-two Years; To Specify The Interests That A Marketable Title Is Subject To; To Provide That A Person May Preserve An Interest If The Person Files A Notice Of Intent To Preserve The Interest During The Thirty-two Year Period; To Provide That Marketable Title Is Held Free And Clear Of All Other Interests; To Provide That Disability Or Lack Of Knowledge Does Not Suspend The Running Of The Thirty-two Year Period; To Specify The Interests That Are Not Barred By This Act; To Provide That This Act Does Not Relieve A Person Of A Contractual Liability With Respect To An Interest Antedating The Person's Root Of Title; To Provide That This Act Does Not Extend The Statute Of Limitations For Bringing An Action; To Provide That Indefinite References To Documents Do Not Charge A Person With Knowledge Of The Referenced Documents; To Amend Section 11-17-35, Mississippi Code Of 1972, Which Relates To Confirming Title To, And Canceling And Removing Clouds From, Real Estate To Conform To The Provisions Of This Act; To Bring Forward Sections 15-1-7, 15-1-11, 15-1-13 And 15-1-15, Mississippi Code Of 1972, Which Relate To Adverse Possession And Recovering Of Land Of Defects In An Instrument, For Purposes Of Possible Amendment; And For Related Purposes.

Tracking Information

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Title

Mississippi Marketable Record Title Act; create.

Sponsors


History

DateChamberAction
2019-02-05HouseDied In Committee
2019-01-21HouseReferred To Judiciary A

Mississippi State Sources


Bill Comments

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