House Sponsors: CURRY,JULIE-HOLBROOK. Short description: CONVEY ACT-RECORDING REQUIRED Synopsis of Bill as introduced: Amends the Conveyances Act. Provides that deeds, mortgages, contracts for deed, and other instruments that affect interests in real property and are authorized to be recorded shall take effect and be in force from the time of filing, and not before, and that those instruments are void until they are filed (instead of providing that all deeds, mortgages, and other instruments that are authorized to be recorded, shall take effect and be in force from and after the time of filing, and not before, as to all creditors and subsequent purchasers, without notice; and that those instruments are void as to creditors and subsequent purchasers, without notice, until they are filed). FISCAL NOTE (Administrative Office of the Illinois Courts) HB 255 would have no fiscal impact on the judicial branch of government. JUDICIAL NOTE (Administrative Office of the Illinois Courts) HB 255 would neither decrease nor increase the number of judges needed in the State. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status