SLS 12RS-927 ORIGINAL Page 1 of 2 Regular Session, 2012 SENATE CONCURRENT RESOLUTI ON NO. 26 BY SENATOR GALLOT LEGISLATIVE AGENCIES. Requests that the Louisiana State Law Institute study the issue of "heirship property", relative to promoting merchantability of immovable property A CONCURRENT RESOLUTI ON1 To urge and request the Louisiana State Law Institute to study the issue of heirship property;2 to request the Louisiana State Law Institute develop recommendations for facilitating3 the ability of family members to receive title to immovable property when successive4 generations of their family have failed to file succession proceedings; and to develop5 recommendations to facilitate more equitable and economically efficient distribution6 of immovable property.7 WHEREAS, a significant percentage of Louisiana families have immovable property8 which has been passed down from generation to generation without the filing of succession9 proceedings; and10 WHEREAS, surviving family members often do not have merchantable title to their11 immovable property because they have not completed the recognized formalities of12 succession procedure; and13 WHEREAS, Louisiana citizens without significant economic means are less likely14 to seek estate planning services or have the funds to complete the successions of their15 deceased relatives which would restore their titles to a merchantable status; and16 WHEREAS, there is a need to review present law to determine whether changes17 should be made to facilitate, encourage, and promote merchantability of immovable property18 SCR NO. 26 SLS 12RS-927 ORIGINAL Page 2 of 2 owned after the death of family members; and1 WHEREAS, officials of state, parish, and municipal governments and pro bono2 organizations have expressed an interest in solving these problems; and3 WHEREAS, it is the policy of this legislature to foster free commerce in Louisiana's4 immovable property for all Louisiana citizens.5 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby6 urge and request the Louisiana State Law Institute to study the issue of heirship property7 provisions in current law; to develop recommendations for facilitating the ability of8 Louisiana family members to receive title to immovable property when successive9 generations of their family have failed to file succession proceedings; and to develop10 recommendations to facilitate more equitable and economically efficient distribution of11 immovable property by merchantable titles.12 BE IT FURTHER RESOLVED that the Louisiana State Law Institute report its13 findings and recommendations to the Legislature of Louisiana on or before January 1, 2014.14 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the15 director of the Louisiana State Law Institute.16 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Julie J. Baxter. DIGEST Gallot SCR No. 26 Requests the La. State Law Institute to study the issue of heirship property provisions in current law; to develop recommendations for facilitating the ability of Louisiana family members to receive title to immovable property when successive generations of their family have failed to file succession proceedings; and to develop recommendations to facilitate more equitable and economically efficient distribution of immovable property by merchantable titles. Requires report on or before January 1, 2014.