Kentucky 2022 Regular Session

Kentucky Senate Bill SR58

Introduced
1/20/22  

Caption

A RESOLUTION recognizing January 20, 2022, as Kentucky Land Title Day.

Impact

By formally recognizing Kentucky Land Title Day, the resolution underscores the efforts of KYLTA members, who include title insurance agents, real estate attorneys, and underwriters. Their work is critical in facilitating real estate transactions by performing title searches, examinations, and closings, thus protecting the rights of homeowners against potential title defects.

Summary

SR58 is a resolution recognizing January 20, 2022, as Kentucky Land Title Day. The resolution serves to highlight the importance of the Kentucky Land Title Association (KYLTA), which represents the land title industry within the Commonwealth. It symbolizes the vital role that KYLTA plays in ensuring the successful and responsible operation of the land title industry in Kentucky, which includes safeguarding the interests of property owners and lenders through the issuance of title insurance.

Sentiment

The sentiment surrounding SR58 is overwhelmingly positive, affirming the significance of the land title industry in maintaining property rights and ensuring the trustworthiness of real estate transactions. It acknowledges the contributions of individuals working within the sector who provide essential services to the community.

Contention

While the resolution does not seem to present significant contention, it highlights the importance of the land title industry, which sometimes faces skepticism from those unfamiliar with its role. Overall, there is a consensus on the importance of recognizing the industry, especially given the critical nature of property ownership in Kentucky.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.