WV HB4534

Creates the West Virginia Title Protection Act to protect property owners from title fraud, which the FBI identifies as one of the fastest growing white-collar crimes in America

Ensures rightful property owners retain title to their property free of all encumbrances when fraudulent deeds are filed or loans are taken out using fraudulent means against their property

Requires county clerks to send notice by regular mail to property owners whenever their property is transferred or when any deed (quitclaim, general warranty, or special warranty) is filed or modified

Establishes that rightful property owners maintain ownership throughout any subsequent criminal or civil actions related to fraudulent claims against their property

Addresses the threat of cyber-thieves who can forge names on title documents and take out loans against a homeowner's equity, leaving victims unaware until they receive late payment or foreclosure notices