SECTION 694.17. Validation of conveyances to custodian or trustee of an individual retirement account or qualified plan.

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1All conveyances, deeds, mortgages, lease assignments, or other recorded instruments transferring an interest in real property in this state to a custodian or trustee, which were recorded before July 1, 2006, but would be within the scope of s. 40689.072 41if recorded after July 1, 2006, are ratified, confirmed, and validated in all respects and shall be deemed to have vested such interest in the custodian or trustee without reversion or impairment, as if such instruments had been recorded after July 1, 2006, and s. 86689.09 87shall not apply to any such instruments regardless of when recorded.

History.-s. 2, ch. 2006-147.

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