TITLE: Relating to the time for recording a durable power of attorney for certain real property transactions.

SUMMARY: Relating to the time for recording a durable power of attorney for certain real property transactions.

FULL TEXT:
AN ACT relating to the time for recording a durable power of attorney for certain real property transactions. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 751.151, Estates Code, is amended to read as follows: Sec. 751.151. RECORDING FOR REAL PROPERTY TRANSACTIONS REQUIRING EXECUTION AND DELIVERY OF INSTRUMENTS. A durable power of attorney for a real property transaction requiring the execution and delivery of an instrument that is to be recorded, including a release, assignment, satisfaction, mortgage, security agreement, deed of trust, encumbrance, deed of conveyance, oil, gas, or other mineral lease, memorandum of a lease, lien, or other claim or right to real property, must be recorded in the office of the county clerk of the county in which the property is located not later than the 30th day after the date the instrument is filed for recording.SECTION 2. This Act applies only to a real property transaction entered into on or after the effective date of this Act. A real property transaction entered into before the effective date of this Act is governed by the law in effect when the transaction was entered into, and the former law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2015.