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S.B. 215

             1     

REAL ESTATE RECORDING LAW

             2     
AMENDMENTS

             3     
2000 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Sponsor: Ron Allen

             6      AN ACT RELATING TO REAL ESTATE; REQUIRING AN AFFIDAVIT TO BE RECORDED
             7      WHEN TERMINATING CERTAIN INTERESTS IN REAL ESTATE; PERMITTING THE USE
             8      OF A MANAGEMENT COMMITTEE ADDRESS FOR TIMESHARE INTERESTS;
             9      REQUIRING CERTAIN INFORMATION WHEN RECORDING A TRUST; AND MAKING
             10      TECHNICAL CHANGES.
             11      This act affects sections of Utah Code Annotated 1953 as follows:
             12      AMENDS:
             13          57-3-105, as renumbered and amended by Chapter 61, Laws of Utah 1998
             14          57-3-106, as renumbered and amended by Chapter 61 and last amended by Chapter 85,
             15      Laws of Utah 1998
             16          57-9-5, as enacted by Chapter 109, Laws of Utah 1963
             17          75-7-409, as enacted by Chapter 14, Laws of Utah 1985
             18      ENACTS:
             19          57-1-5.1, Utah Code Annotated 1953
             20      Be it enacted by the Legislature of the state of Utah:
             21          Section 1. Section 57-1-5.1 is enacted to read:
             22          57-1-5.1. Termination of an interest in real estate -- Affidavit.
             23          (1) Whenever a joint tenancy, tenancy by the entirety, life estate, or determinable or
             24      conditional interest in real estate is terminated, an affidavit shall be recorded in the office of the
             25      proper county recorder.
             26          (2) The affidavit required by Subsection (1) shall:
             27          (a) cite the interest which is being terminated;


             28          (b) contain a legal description of the real property that is affected;
             29          (c) reference the entry number and the book and page of the instrument creating the
             30      interest to be terminated; and
             31          (d) if the termination is the result of a death, have attached as an exhibit, a copy of the
             32      death certificate or other document witnessing the death.
             33          Section 2. Section 57-3-105 is amended to read:
             34           57-3-105. Legal description of real property and names and addresses required in
             35      documents.
             36          (1) A document executed after July 1, 1983, is entitled to be recorded in the office of any
             37      county recorder only if the document contains a legal description of the real property affected.
             38          (2) (a) A document affecting title to real property presented for recording after July 1,
             39      1981, is entitled to be recorded in the office of any county recorder only if the document contains
             40      the names and mailing addresses of the grantees in addition to the legal description required under
             41      Subsection (1).
             42          (b) The address of the management committee may be used as the mailing address of a
             43      grantee as required in Subsection(2)(a) if the interest conveyed is a timeshare interest as defined
             44      by Section 57-19-2 .
             45          (3) Each county recorder shall refuse to accept a document for recording if it does not
             46      conform to the requirements under this section.
             47          (4) Notwithstanding Subsections (1), (2), and (3), a master form, as defined in Section
             48      57-3-201 , that does not meet the requirements of Subsections (1) and (2) is entitled to be recorded
             49      in the office of any county recorder if it complies with Part 2, Master Mortgage and Trust Deeds.
             50          Section 3. Section 57-3-106 is amended to read:
             51           57-3-106. Original documents required -- Captions -- Legibility.
             52          (1) (a) Unless otherwise provided, documents presented for recording in the office of the
             53      county recorder shall:
             54          (i) be originals; and
             55          (ii) contain a brief caption stating the nature of the document.
             56          (b) If a document is a master form, as defined in Section 57-3-201 , the caption required
             57      by Subsection (1)(a)(ii) shall state that the document is a master form.
             58          (2) Documents presented for recording shall also be sufficiently legible for the recorder


             59      to make certified copies.
             60          (3) (a) A document which is of record in the office of the appropriate county recorder in
             61      compliance with this chapter, may not be recorded again in that same county recorder's office
             62      unless the original document has been reexecuted by all parties who executed the document.
             63      Unless exempt by statute, original documents which are reexecuted must also contain the
             64      appropriate acknowledgment, proof of execution, jurat or other notarial certification for all parties
             65      who are reexecuting the document as required by Title 46, Chapter 1, Notaries Public Reform Act,
             66      and Title 57, Chapter 2, Acknowledgments. Documents submitted for rerecording shall contain
             67      a brief statement explaining the reason for rerecording.
             68          (b) A county recorder may refuse to accept a document for rerecording if that document
             69      does not conform to the requirements of this section.
             70          (c) Subsection (3) of this section applies only to documents executed after July 1, 1998.
             71          (4) [Documents of record in the office of a county recorder, containing minor] Minor
             72      typographical or clerical errors[,] in a document of record may be [augmented, amended, or]
             73      corrected by the recording of an [affidavit or other] appropriate instrument.
             74          Section 4. Section 57-9-5 is amended to read:
             75           57-9-5. Notice of claim of interest -- Contents -- Filing for record.
             76          [To] In order to be effective and to be [entitled to record] recorded, the notice [referred to
             77      above] required by Section 57-9-4 shall contain [an accurate and full] a legal description of all land
             78      affected by [such] the notice [which description shall be set forth in particular terms and not by
             79      general inclusions; but if]. If the claim is founded upon a recorded instrument, then the description
             80      in the notice may be the same as that contained in the recorded instrument. The notice shall be
             81      [filed for record in the registry of deeds of] recorded in the county or counties where the land
             82      described [therein] is situated. [The recorder of each county shall accept all such notices presented
             83      to him which describe land located in the county in which he serves and shall enter and record full
             84      copies thereof in the same way that deeds and other instruments are recorded and each recorder
             85      shall be entitled to charge the same fees for the recording thereof as are charged for recording
             86      deeds. In indexing the notices in his office each recorder shall enter the notices under the grantee
             87      indexes of deeds under the names of the claimants appearing in the notices. Such notices shall also
             88      be indexed under the description of the real estate involved in a book set apart for that purpose to
             89      be known as the "Notice Index."]


             90          Section 5. Section 75-7-409 is amended to read:
             91           75-7-409. Recitals when title to real property is in trustee -- Failure.
             92          (1) When title to real property is granted to a person as trustee, the terms of the trust may
             93      be given either:
             94          (a) in the deed of transfer; or
             95          (b) in an instrument signed by the grantor and recorded in the same office as the grant to
             96      the trustee.
             97          (2) If the terms of the trust are not made public as required in Subsection (1), a conveyance
             98      from the trustee is absolute in favor of purchasers for value who take the property without notice
             99      of the terms of the trust.
             100          (3) The terms of the trust recited in the deed of transfer or the instrument recorded under
             101      Subsection (1)(b) shall include:
             102          (a) the name of the trustee;
             103          (b) the address of the trustee; and
             104          (c) the name and date of the trust.




Legislative Review Note
    as of 1-31-00 5:54 PM


A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel


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