South Carolina H5159 amends the state code to define real estate fraud and establish the felony of deed theft.

South Carolina H5159 amends Chapter 7, Title 27 of the S.C. Code by adding Section 27-7-80. This section defines "fraud" as misrepresentation, gross negligence, or intentional failure to disclose a material fact. It also defines "deed theft" or "title fraud" as a form of fraud involving real estate instruments. The bill makes it unlawful to alter, forge, or counterfeit real estate instruments, possess or use such instruments knowing they have been altered, forged, or counterfeited, or use false information in filing real estate documents.

South Carolina H5159 amends the state code to define real estate fraud and establish the felony of deed theft.

South Carolina H5159 amends Chapter 7, Title 27 of the S.C. Code by adding Section 27-7-80. This section defines "fraud" as misrepresentation, gross negligence, or intentional failure to disclose a material fact. It also defines "deed theft" or "title fraud" as a form of fraud involving real estate instruments. The bill makes it unlawful to alter, forge, or counterfeit real estate instruments, possess or use such instruments knowing they have been altered, forged, or counterfeited, or use false information in filing real estate documents.