Enacts the "deed theft: proof of sale price act" requiring proof of the full sales price of real property to be submitted for recording.

The bill enacts the "deed theft: proof of sale price act" to amend the real property law. It requires a statement of the full sales price of real property being conveyed and proof of such sales price to be submitted to the recording officer. This proof may include a copy of a canceled check for the full sales price, documents proving the satisfaction or assumption of a mortgage, lien, or other obligations, and affidavits from the seller detailing an itemized list of property received.

Enacts the "deed theft: proof of sale price act" requiring proof of the full sales price of real property to be submitted for recording.

The bill enacts the "deed theft: proof of sale price act" to amend the real property law. It requires a statement of the full sales price of real property being conveyed and proof of such sales price to be submitted to the recording officer. This proof may include a copy of a canceled check for the full sales price, documents proving the satisfaction or assumption of a mortgage, lien, or other obligations, and affidavits from the seller detailing an itemized list of property received.