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Regular Session 2011-2012
Senate Bill 1253

Short Title:
An Act amending the act of June 2, 1959 (P.L.454, No.86), entitled "An act permitting the recording of leases, subleases and agreements to lease or sublease; permitting the recording of memoranda thereof; prescribing the minimum contents of such memoranda; prescribing the effect of recording such instruments, including provisions thereof for the purchase of or refusal on the demised premises; and specifying that the recording of such a memorandum shall be a sufficient recording of the full lease, sublease, or agreement in connection with the assignment or mortgaging of the lessee's interest therein," providing for requirement for certain leases and imposing a duty of certain lessees relating to the recording of mortgages.
Prime Sponsor:
Last Action:
Referred to ENVIRONMENTAL RESOURCES AND ENERGY, Sept. 20, 2011 [Senate]
Printer's No.:
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