North Carolina H431 aims to prevent deed fraud by requiring identity verification for non-trusted submitters and establishing a fraud detection alert.

North Carolina H431 introduces measures to combat deed fraud by mandating identity verification for individuals not classified as trusted submitters. Trusted submitters include title insurance companies, attorneys, and financial institutions. The bill also requires the register of deeds to refuse registration of suspicious instruments and to provide access to a fraud detection alert system. This system will automatically enroll individuals without a fee and send recording notifications. The Legislative Research Commission will study the feasibility of alternative fraud detection systems.

North Carolina H431 aims to prevent deed fraud by requiring identity verification for non-trusted submitters and establishing a fraud detection alert.

North Carolina H431 introduces measures to combat deed fraud by mandating identity verification for individuals not classified as trusted submitters. Trusted submitters include title insurance companies, attorneys, and financial institutions. The bill also requires the register of deeds to refuse registration of suspicious instruments and to provide access to a fraud detection alert system. This system will automatically enroll individuals without a fee and send recording notifications. The Legislative Research Commission will study the feasibility of alternative fraud detection systems.