Texas 2013 83rd Regular

Texas Senate Bill SB887 Introduced / Bill

Download
.pdf .doc .html
                    83R10557 PMO-F
 By: Uresti S.B. No. 887


 A BILL TO BE ENTITLED
 AN ACT
 relating to certain correction instruments in the conveyance of
 real property.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 5.028, Property Code, is amended by
 amending Subsection (a) and adding Subsection (a-1) to read as
 follows:
 (a)  A person who has personal knowledge of facts relevant to
 the correction of a recorded original instrument of conveyance may
 prepare or execute a correction instrument to make a nonmaterial
 change that results from a clerical error, including:
 (1)  a correction of an inaccurate or incorrect element
 in a legal description, such as a distance, angle, direction,
 bearing or chord, a reference to a plat or other plat information, a
 lot or [,] block number, a unit, building designation, or section
 number, an appurtenant easement, a township name or number, a
 municipality, county, or state name, a range number or meridian, a
 certified survey map number, or a subdivision or condominium name;
 or
 (2)  an addition, correction, or clarification of:
 (A)  a party's name, including the spelling of a
 name, a first or middle name or initial, a suffix, an alternate name
 by which a party is known, or a description of an entity as a
 corporation, company, or other type of organization;
 (B)  a party's marital status;
 (C)  the date on which the conveyance was
 executed;
 (D)  the recording data for an instrument
 referenced in the correction instrument; or
 (E)  a fact relating to the acknowledgment or
 authentication.
 (a-1)  A person who has personal knowledge of facts relevant
 to the correction of a recorded original instrument of conveyance
 may prepare or execute a correction instrument to make a
 nonmaterial change that results from an inadvertent error,
 including the addition, correction, or clarification of:
 (1)  a legal description prepared in connection with
 the preparation of the original instrument but inadvertently
 omitted from the original instrument; or
 (2)  an omitted call in a metes-and-bounds legal
 description in the original instrument that completes the
 description of the property.
 SECTION 2.  Section 5.030, Property Code, is amended by
 amending Subsection (b) and adding Subsection (c) to read as
 follows:
 (b)  A correction instrument replaces and is a substitute for
 the original instrument. Except as provided by Subsection (c), a
 bona fide purchaser of property that is subject to a correction
 instrument may rely on the instrument against any person making an
 adverse or inconsistent claim.
 (c)  A correction instrument is subject to the property
 interest of a creditor or a subsequent purchaser for valuable
 consideration without notice acquired on or after the date the
 original instrument was acknowledged, sworn to, or proved and filed
 for record as required by law and before the correction instrument
 has been acknowledged, sworn to, or proved and filed for record as
 required by law.
 SECTION 3.  This Act takes effect September 1, 2013.