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2007 SESSION

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HB 2384 Uniform Environmental Covenants Act; created.

Introduced by: Joe T. May | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Uniform environmental covenant.  Authorizes the Department of Environmental Quality to enter into environmental covenants with interest holders in real property that restrict the use of the real property. The covenants are intended to survive transfers of ownership interests in the land or operations of law that may otherwise terminate the covenant. The bill spells out the recordation process and notice to subsequent holders of interest. Prior held interests are not affected by the covenant. The Department of Environmental Quality will create an electronic registry containing all environmental covenants.


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