Vermont H0645 mandates identity verification for real property transactions, requiring brokers, salespersons, and attorneys to verify client.

Vermont H0645 establishes a duty for real estate brokers and salespersons to verify the identity of clients involved in real property transactions. It also requires attorneys to verify the identity of their clients who are grantors. The bill mandates the use of identity verification platforms approved by the Secretary of State. Town clerks are directed to prioritize and expedite the indorsement of instruments if the involved parties use approved identity verification platforms. Failure to comply with these requirements can delay the recording of property transactions.

Vermont H0645 mandates identity verification for real property transactions, requiring brokers, salespersons, and attorneys to verify client.

Vermont H0645 establishes a duty for real estate brokers and salespersons to verify the identity of clients involved in real property transactions. It also requires attorneys to verify the identity of their clients who are grantors. The bill mandates the use of identity verification platforms approved by the Secretary of State. Town clerks are directed to prioritize and expedite the indorsement of instruments if the involved parties use approved identity verification platforms. Failure to comply with these requirements can delay the recording of property transactions.