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FL H0243
Bill
Status
Introduced
10/20/2023
Primary Sponsor
Marie Woodson
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AI Summary
- Creates the Title Fraud Prevention Through Sales Contract Notification Pilot Program in Broward County, effective July 1, 2024, with automatic repeal on July 1, 2026
- Requires real estate brokers, attorneys, and title agents to submit the seller's name, mailing address, email address, and phone number to the Broward County property appraiser after a sales contract is executed but before the conveyance instrument is finalized
- Requires the property appraiser to send a recording notification when a contract involving a monitored identity has been executed, alerting property owners to potential fraudulent activity
- Shields professionals and property appraisers from civil liability for any action or inaction taken under the program
- Requires the property appraiser to submit a report by July 1, 2026, to the Governor, Senate President, and House Speaker detailing participation numbers and a recommendation on whether to expand the program statewide
Legislative Description
Title Fraud Prevention
Last Action
Withdrawn prior to introduction
10/24/2023
Full Bill Text
No bill text available