Bill

Bill > S0802


FL S0802

FL S0802
Marketable Record Title Act


summary

Introduced
11/06/2019
In Committee
11/21/2019
Crossed Over
Passed
Dead
03/14/2020

Introduced Session

2020 Regular Session

Bill Summary

Revising rights that are not affected or extinguished by marketable record titles; revising what types of interests are extinguished by a marketable record title; providing that discriminatory restrictions are unlawful, unenforceable, and declared null and void; requiring persons with certain interests in land which may be extinguished by this act to file a specified notice to preserve such interests, etc.

AI Summary

This bill revises the Marketable Record Title Act in Florida. It clarifies that estates, interests, easements, and use restrictions created before the root of title must be specifically identified in the legal description to be preserved. The bill also provides that discriminatory restrictions in property records are unlawful, unenforceable, and null and void. Additionally, it allows property owners to remove such discriminatory restrictions through a majority vote of their homeowners' association's board. The bill applies retroactively to all existing estates, interests, covenants, and restrictions, and requires persons with potentially extinguished interests to file a notice to preserve those interests by July 1, 2021.

Committee Categories

Business and Industry, Justice

Sponsors (3)

Other Sponsors (1)

Judiciary (Senate)

Last Action

Died in Rules (on 03/14/2020)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...