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2001 SESSION
SB 1358 Release of deed of trust.
Introduced by: William C. Mims | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Release of deed of trust. Clarifies that lenders must forward releases of deeds of trust to the obligor or the obligor’s designee within the designated time frame. The bill also clarifies that, if the creditor undertakes to record the document, the document must actually be recorded or sent by certified mail rather than just be sent by ordinary mail to the clerk’s office.
SUMMARY AS INTRODUCED:
Release of deed of trust. Clarifies that lenders must forward releases of deeds of trust to the obligor or the obligor’s designee within the designated time frame. The bill also clarifies that, if the creditor undertakes to record the document, the document must actually be recorded rather than just mailed to the clerk’s office.