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Bill > SB00682


CT SB00682

CT SB00682
An Act Establishing A Task Force To Study The Security Of Real Estate Titles.


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To establish a task force to study the security of real estate titles to address concerns of fraud and deed theft.

AI Summary

This bill seeks to establish a task force dedicated to investigating and analyzing the security of real estate titles, with a specific focus on addressing growing concerns about potential fraud and deed theft. The task force would be responsible for conducting a comprehensive study to identify vulnerabilities in the current system of real estate title management and recommend potential strategies to prevent unauthorized transfers of property ownership. By creating this dedicated group of experts, the bill aims to protect property owners from increasingly sophisticated methods of fraudulent property transactions, which can result in significant financial and legal challenges for legitimate property owners. The task force would likely involve experts from various fields such as real estate, law enforcement, legal services, and property records management to develop a multifaceted approach to improving title security and preventing fraudulent deed transfers.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Referred to Joint Committee on Insurance and Real Estate (on 01/16/2025)

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