Sen. Martin A. Sandoval
Filed: 3/22/2004
 
 

 




 

 		












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AMENDMENT TO SENATE BILL 3150 




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    AMENDMENT NO. ______. Amend Senate Bill 3150 on page 1, by 
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replacing lines 6 through 10 with the following:

 
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    "Section 5.  Purpose.  The General"; and
 
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on page 1, by replacing line 18 with "the consent of the owner 
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or the owner's agent and, if different than the owner, the 
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occupant of the premises before"; and
 
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on page 1, line 19, after "denied", by inserting "or cannot be 
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reasonably obtained,"; and
 
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on page 1, line 21, after "provides", by inserting "for"; and
 

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on page 1, line 26, after "warrantless inspection.", by 
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inserting "No local ordinance, law, rule, or regulation may 
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require a prospective buyer or prospective tenant to consent to 
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future inspections of real property as a condition of owning or 
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occupying that real property."; and
 
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on page 2, line 18, after "real estate.", by inserting 
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"Escrowed funds may be placed with any person or entity acting 
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as an independent escrowee, as provided for in the Title 
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Insurance Act, or any person or entity exempt from the 
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independent escrowee provisions of that Act.  Escrowed monies 
 


 






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shall be available to pay contractors, subcontractors, 
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vendors, material persons, and suppliers during the progress of 
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and upon the completion of needed repairs."; and
 
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on page 2, before line 19, by inserting the following:
 
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"Section 25.  Exceptions.  This Act shall not apply to 
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inspections of residential property that is under construction 
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or that has been constructed but not yet occupied."; and
 
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on page 2, line 19, by replacing "Section 25." with "Section 
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30.".