Amendments for HB19-1098
House Journal, February 6
29 HB19-1098 be amended as follows, and as so amended, be referred to
30 the Committee of the Whole with favorable
31 recommendation:
32
33 Amend printed bill, page 2, lines 18 and 19, strike "[STATUTORY
34 EXCEPTIONS AND]".
35
36 Page 3, line 9, strike "DURING" and substitute "AS TO".
37
38 Page 3, lines 22 and 23, strike "[STATUTORY EXCEPTIONS AND]".
39
40 Page 5, line 16, strike "38-35-101." and substitute "38-35-101 OR
41 24-21-515.".
42
43 Page 7, strike lines 14 and 15 and substitute:
44 "(5)(a) A WARRANTY DEED OR SPECIAL WARRANTY DEED
45 INTENDED TO".
46
47 Page 7, line 17, strike "MUST" and substitute "MAY".
48
49 Page 7, line 18, strike "AND NO OTHER TERMS OR DESCRIPTIONS." and
50 substitute "OR INCLUDE A DIFFERENT LISTING OR DESCRIPTION OF
51 EXCEPTIONS AS THE GRANTOR AND GRANTEE MAY AGREE.".
52
53 Page 7, strike lines 24 through 27 and substitute:
54 "(II) ALL MATTERS THAT ARE DISCLOSED OR THAT WOULD HAVE
55 BEEN DISCLOSED BY AN IMPROVEMENT SURVEY PLAT, AS DEFINED IN
1 SECTION 38-51-102 (9), OF THE CONVEYED PROPERTY OR COULD".
2 Page 8, strike line 2 and substitute "PROPERTY AND WHICH MATTERS WERE
3 NOT CREATED OR OTHERWISE KNOWN BY THE GRANTOR; AND".
4
5 Page 8, line 14, strike "A" and substitute "IN CONNECTION WITH THE
6 ISSUANCE OF A POLICY OF TITLE INSURANCE, BUT SUBJECT TO THE TERMS
7 OF THIS STATUTE, A".
8
9 Page 9, after line 1 insert:
10 "(3) WHEN PREPARING A DEED PURSUANT TO THIS SECTION IN
11 WHICH THE PHRASE "SUBJECT TO STATUTORY EXCEPTIONS" IS USED, A
12 LICENSED TITLE INSURANCE ENTITY SHALL NOT DISCLAIM, LIMIT, OR SEEK
13 INDEMNIFICATION AGAINST LIABILITY FOR ANY NEGLIGENCE BY THE
14 LICENSED TITLE INSURANCE ENTITY.".
15
16 Renumber succeeding subsection accordingly.
17
18