2016 -- S 2359 SUBSTITUTE A | |
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LC004639/SUB A | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2016 | |
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A N A C T | |
RELATING TO PROPERTY -- FORM AND EFFECT OF CONVEYANCES | |
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Introduced By: Senators Jabour, Lombardi, Archambault, and McCaffrey | |
Date Introduced: February 10, 2016 | |
Referred To: Senate Judiciary | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 34-11 of the General Laws entitled "Form and Effect of |
2 | Conveyances" is hereby amended by adding thereto the following sections: |
3 | 34-11-43. Effect of special warranty deed. -- A deed entitled "special warranty deed" |
4 | shall, when duly executed, have the force and effect of a deed in fee simple to the grantee and his |
5 | or her heirs and assigns, to his, her and their own use, with covenants on the part of the grantor, |
6 | for himself or herself and for his or her heirs, executors and administrators, with the grantee and |
7 | his or her heirs and assigns, that he or she will, and his or her heirs, executors and administrators |
8 | shall, warrant and defend the granted premises to the grantee and his or her heirs, and assigns |
9 | forever against the lawful claims and demands of all persons claiming by, through or under the |
10 | grantor. |
11 | 34-11-44. Meaning of special warranty covenants. -- In any deed of conveyance of real |
12 | estate, the use of the words "special warranty" in the title of said deed, and/or use of the words |
13 | "special warranty covenants" in the body of said deed shall have the full force, meaning, and |
14 | effect of the following words: "The grantor, for himself or herself and for his or her heirs, |
15 | executors and administrators, covenants with the grantee and his or her heirs and assigns, that he |
16 | or she will, and his or her heirs, executors and administrators shall, warrant and defend the |
17 | granted premises to the grantee and his or her heirs and assigns forever against the lawful claims |
18 | and demands of all persons claiming, by, through or under the grantor." |
19 | SECTION 2. This act shall take effect upon passage and shall apply to all deeds with the |
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1 | words "special warranty" in their title, and/or the words "special warranty covenants" in the body |
2 | thereof. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PROPERTY -- FORM AND EFFECT OF CONVEYANCES | |
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1 | This act would allow for the use of the terms "special warranty deed" and "special |
2 | warranty covenants" in any deed of conveyance, whereby the grantor will warrant and defend the |
3 | granted premises to the grantee forever against lawful claims. |
4 | This act would take effect upon passage and would apply to all deeds with the words |
5 | "special warranty" in their title, and/or the words "special warranty covenants" in the body |
6 | thereof. |
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