Grant Program to Combat Real Estate Deed Fraud
This act establishes a grant program to help states and large cities combat real estate deed fraud. This will provide citizens, especially low-income individuals, with easier access to legal aid and support if they lose their property. New rules for notaries aim to increase the security of transactions.
Key points
Financial aid for states and cities to combat real estate fraud.
Legal assistance and title clearing support for low-income individuals.
Requirement for notaries to collect fingerprints or video recordings for real estate transactions.
Mandatory 10-year retention of remote notarization audio-visual recordings.
Inclusion of deed fraud as a category in uniform crime reporting.
Status:
Expired
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