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WV SB667

WV SB667
Relating to settlement definitions for real estate transactions


summary

Introduced
01/29/2026
In Committee
01/29/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to amend the definition of "Settlement Agent."

AI Summary

This bill amends the definition of "Settlement Agent" in West Virginia law to specify that such an agent must be a licensed attorney or have access to a licensed attorney during any loan closing, settlement, or disbursement of settlement proceeds, which are the final steps in a real estate transaction where all necessary documents and funds are exchanged and distributed to the rightful parties.

Committee Categories

Justice

Sponsors (1)

Last Action

To Judiciary (on 01/29/2026)

bill text


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