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PDF versionSECTION 1. Any conveyance of property vesting or divesting title or interest in or to any real property located in Putnam County, shall be noted in the office of the county tax assessor before any such instrument may be registered and stamped in the office of the county register of deeds. The county tax assessor shall:
(I) receive such instruments for notation;
(II) make a permanent record of the instrument for his office, which shall show (1) the date of the instrument, (2) the consideration for the transfer, (3) the name and address of the grantor and grantee or trustee, (4) the location of the property, and (5) a sufficient description of the property; and
(III) stamp on such instruments a notation of his endorsement signifying compliance with the requirements of this section.
SECTION 2. Any such instrument specified in Section 1 of this Act shall bear the name and the address, as of the date of the notation of the grantor, and grantee or trustee, before such instrument shall be received for registration by the county register of deeds.
SECTION 3. This Act shall have no effect unless it is approved by a two-thirds (2/3) vote of the Board of County Commissioners of Putnam County. Its approval or non-approval shall be proclaimed by the presiding office of the court and certified by him to the Secretary of State.
SECTION 4. For the purpose of approving this Act as provided in Section 3, it shall take effect on becoming a law, the public welfare requiring it, but for all other purposes, it shall take effect on the first day of the month following the month in which this Act received approval as provided in Section 3.
Passed: March 17, 1980.