74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
HA to SB 613
 
LC 1919/SB 613-1
 
                       HOUSE AMENDMENTS TO
                         SENATE BILL 613
 
               By COMMITTEE ON CONSUMER PROTECTION
 
                             May 17
 
  In line 2 of the printed bill, delete '86.060' and insert '
205.234'.
  Delete lines 4 through 11 and insert:
  '  { +  SECTION 1. + } ORS 205.234 is amended to read:
  ' 205.234. (1) When any instrument is presented to a county
clerk for recording, the first page of the instrument shall
contain at least:
  ' (a) The names of the transactions as required in ORS 205.236;
  ' (b) The names of the persons described in ORS 205.125 (1)(a)
and (b) and 205.160;
  ' (c) The person and address (for mailing purposes only) to
whom the instrument will be delivered as provided in ORS 205.180;
  ' (d) For instruments conveying or contracting to convey fee
title to any real estate and all memoranda of such instruments,
the true and actual consideration paid for such transfer as
required by ORS 93.030;
  ' (e) For instruments conveying or contracting to convey fee
title to any real estate, the tax statement information required
by ORS 93.260;   { - and - }
  ' (f) For instruments recorded in the County Clerk Lien Record,
the information described in ORS 205.125 (1)(c) and (e)
 { - . - }  { + ; and
  ' (g) For instruments assigning a mortgage or trust deed, the
name and address of the assignee mortgagee or assignee trust deed
beneficiary. + }
  ' (2) Notwithstanding ORS 205.327, if an instrument presented
for recording does not contain the information required by
subsection (1)  { - (a) to (f) - }  of this section, a cover
sheet may be prepared that contains the required information. The
cover sheet shall be prepared by the person presenting the
instrument for recording. The cover sheet may be attached to the
instrument and shall be recorded as a part of the instrument. Any
errors in the cover sheet shall not affect the transactions
contained in the instrument itself. The cover sheet need not be
separately signed or acknowledged.
  '  { +  SECTION 2. + }  { + The amendments to ORS 205.234 by
section 1 of this 2007 Act apply to instruments assigning a
mortgage or trust deed that are presented to a county clerk on or
after the effective date of this 2007 Act for recording. + } ' .
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