Establishes a statewide property recording alert system to notify homeowners of recorded instruments affecting their property.
The bill enacts the "homeowner fraud protection and property alert act" to create a statewide electronic property recording alert system. This system will allow property owners to receive notifications when an instrument affecting their property is recorded in any county's official records. The system will be funded through annual appropriations and a recording surcharge of up to five dollars per instrument. The bill also establishes the county recording modernization fund to support technology upgrades, cybersecurity improvements, and integration with the statewide alert system.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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