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H.B. 26





Sponsor: J. Stuart Adams

             6      LONG TITLE
             7      General Description:
             8          This bill modifies the Real Estate title to address conveyances of property including
             9      providing for special warranty deeds.
             10      Highlighted Provisions:
             11          This bill:
             12          .    clarifies application of after-acquired property;
             13          .    provides for special warranty deeds; and
             14          .    makes technical changes.
             15      Monies Appropriated in this Bill:
             16          None
             17      Other Special Clauses:
             18          None
             19      Utah Code Sections Affected:
             20      AMENDS:
             21          57-1-10, Utah Code Annotated 1953
             22      ENACTS:
             23          57-1-12.5, Utah Code Annotated 1953
             25      Be it enacted by the Legislature of the state of Utah:
             26          Section 1. Section 57-1-10 is amended to read:
             27           57-1-10. After-acquired title passes.

             28          (1) If any person [shall hereafter convey] conveys any real estate by conveyance
             29      purporting to convey the same in fee simple absolute, and [shall not] at the time of [such] the
             30      conveyance the person does not have the legal estate in [such] the real estate, but [shall]
             31      afterwards [acquire] acquires the same[,]:
             32          (a) the legal estate subsequently acquired shall immediately pass to the grantee, [his]
             33      the grantee's heirs, successors, or assigns[,]; and [such]
             34          (b) the conveyance shall be as valid as if [such] the legal estate had been in the grantor
             35      at the time of the conveyance.
             36          (2) (a) Subsection (1) applies to a conveyance by:
             37          (i) warranty deed;
             38          (ii) special warranty deed; or
             39          (iii) trust deed.
             40          (b) Subsection (1) does not apply to a conveyance by quitclaim deed.
             41          Section 2. Section 57-1-12.5 is enacted to read:
             42          57-1-12.5. Form of special warranty deed -- Effect.
             43          (1) Conveyances of land may be substantially in the following form:

             45          ____ (here insert name), grantor, of ____ (insert place of residence), hereby conveys
             46      and warrants specially to ____ (insert name), grantee, of ____ (insert place of residence), for
             47      the sum of ____ dollars, the following described tract ____ of land in ____ County, Utah, to
             48      wit: (here describe the property).
             49          Witness the hand of said grantor this __________(month\day\year).
             50          (2) A special warranty deed when executed as required by law shall have the effect of:
             51          (a) a conveyance in fee simple to the grantee, the grantee's heirs, and assigns, of the
             52      property named in the special warranty deed, together with all the appurtenances, rights, and
             53      privileges belonging to the property; and
             54          (b) a covenant from the grantor, the grantor's heirs, and personal representatives, that:
             55          (i) the granted property is free from all encumbrances made by that grantor; and
             56          (ii) the grantor, the grantor's heirs, and personal representatives will forever warrant
             57      and defend the title of the property in the grantee, the grantee's heirs, and assigns against any
             58      lawful claim and demand of the grantor and any person claiming or to claim by, through, or

             59      under the grantor.
             60          (3) Any exceptions to a covenant described in Subsection (2)(b) may be briefly inserted
             61      in the deed following the description of the land.

Legislative Review Note
    as of 12-7-04 8:41 AM

Based on a limited legal review, this legislation has not been determined to have a high
probability of being held unconstitutional.

Office of Legislative Research and General Counsel

Interim Committee Note
    as of 12-08-04 9:32 AM

The Business and Labor Interim Committee recommended this bill.

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