Establishes real estate title fraud as a criminal offense and allows municipalities to refuse suspicious documents.
This bill establishes the criminal offense of real estate title fraud, which includes knowingly recording forged deeds or fraudulent instruments. It allows municipalities to refuse to record suspicious documents from non-trusted submitters. Penalties for real estate title fraud include imprisonment and fines. The bill also mandates property alert notification systems for property owners and defines terms such as "suspicious document" and "trusted submitter." The act takes effect upon passage.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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