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Bill > SB316
VA SB316
VA SB316Notarization, filing, & recordation of certain land records; duties of notary or settlement agent;.
summary
Introduced
01/13/2026
01/13/2026
In Committee
02/18/2026
02/18/2026
Crossed Over
02/25/2026
02/25/2026
Passed
Dead
Introduced Session
2026 Regular Regular Session
Bill Summary
Notarization, filing, and recordation of certain land records; duties of notary or settlement agent; acknowledgement and satisfactory evidence of identity; requirements for commission or recommission of notary; clerk of circuit court to establish property alert notification system. Removes personal knowledge of identity from the methods by which a notary public, electronic notary public, or other person authorized by law to perform a notarial act may identify an individual for purposes of performing a notarial act such as acknowledgement or affirmation. Under current law, the identity of an individual for such purpose may be established if such individual is personally known to the person performing the notarial act or by a presentation of satisfactory evidence of identity, as defined by law. The bill also adds a requirement that, within the six months immediately preceding the submission of his application, a person applying for commission to be a notary public or electronic notary public, or an existing notary public or electronic notary public applying for recommission, complete a course of instruction developed and approved by the Secretary of the Commonwealth. The bill specifies that one hour of such course of instruction shall be on the topic of real estate fraud and financial exploitation of elderly persons and shall include training on current trends on such topics and on recognizing instances of such fraud or financial exploitation. The bill directs the Secretary of the Commonwealth to develop the curricula for such courses of instruction by January 1, 2027, and has a delayed effective date of July 1, 2027, for those provisions related to the requirement that applicants for commission and recommission complete and present proof of completion of such courses of instruction.The bill also requires any clerk of a circuit court that has established a network or system of electronic filing of land records also establish a property alert notification system for owners of real property within the circuit court's jurisdiction. The bill provides that an owner who enrolls his real property into such property alert notification system may do so at no cost and that such system shall send notifications to such owner when documents affecting or purporting to affect the enrolled property are filed with the clerk's office. The provisions related to the establishment of the property alert notification system have a delayed effective date of July 1, 2027.Finally, the bill requires notaries public to keep a record of all notarial acts occurring on or after July 1, 2026, and to include in such record the form of satisfactory evidence of identification used to verify the identity of the principal and credible witnesses. Similarly, the bill requires settlement agents responsible for recording deeds, deeds of trust, or other documents relating to land records to obtain satisfactory evidence of identity of a seller of real property prior to settlement.
AI Summary
This bill modifies laws concerning notaries and land record filings, aiming to enhance security and prevent fraud. Key changes include removing "personal knowledge" as a sole method for a notary to identify someone, requiring all notaries and electronic notaries to complete a mandatory course of instruction, with a specific focus on real estate fraud and elder financial exploitation, before being commissioned or recommissioned, and establishing a property alert notification system managed by clerks of circuit courts that will notify property owners when documents affecting their property are filed. Additionally, notaries will be required to maintain records of all notarial acts, including the identification methods used, and settlement agents handling land record transactions must now take steps to verify the identity of sellers before a settlement. These provisions related to notary training and property alerts will take effect on July 1, 2027, with the curriculum development for the training to be completed by January 1, 2027.
Committee Categories
Budget and Finance, Justice
Sponsors (2)
Last Action
House substitute agreed to by Senate (40-Y 0-N 0-A) (on 02/25/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/SB316 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB316/text/SB316H1 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB316) | https://lis.blob.core.windows.net/files/1145811.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/SB316/text/SB316S1 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB316/text/SB316SC1 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB316/text/SB316 |
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