House Sponsors: ERWIN-BROSNAHAN, HAMOS AND FEIGENHOLTZ. Senate Sponsors: RADOGNO-RONEN Short description: CONVEYANCES-INDEX NUMBER Synopsis of Bill as introduced: Amends the Conveyances Act. Provides that, when a deed or instrument of conveyance of residential property is executed in a county with 3,000,000 or more inhabitants, the grantor shall (i) provide to the grantee a permanent index number that represents the legal description in the deed or (ii) provide proof that either an application for division that will result in a permanent index number has been filed with the county assessor, a plat of subdivision has been recorded, or a condominium declaration has been recorded. Provides that a grantor's failure to provide the permanent index number does not invalidate an instrument, but it makes the grantor personally liable for property taxes and attorney's fees until the requirements are met. Effective immediately. SENATE AMENDMENT NO. 1. Requires the grantor to provide: proof that a proper application for division which requests division of property, a portion of which would result in a permanent index number, has been filed with the county assessor; a recorded plat of subdivision that would result in the issuance of a permanent index number; or a recorded condominium declaration that would result in the issuance of a permanent index number. Also provides that, if the grantor fails to provide the grantee with a permanent index number of one of those documents, the grantor is liable to the grantee for property taxes and attorney's fees and that the liability continues until the permanent index number or document is delivered to the grantee. Provides that failure to provide the permanent index number does not invalidate the deed or instrument of conveyance. Provides that a receipt from the county assessor confirming that a proper application has been filed shall be deemed to be evidence of proper application for division. Last action on Bill: PUBLIC ACT.............................. 92-0450 Last action date: AUG-21-2001 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status