Bill > HB749

This bill aims to prevent deed and title fraud by requiring individuals presenting a conveyance (a document transferring ownership of property) to a county recorder for recording to provide photo identification, with exceptions for licensed real estate agents, brokers, and title insurance agents. It also establishes a new "property protection program" that county auditors may implement, allowing property owners to register their property and receive electronic or mail notifications when a deed for their registered property is presented for transfer, with a 24-hour delay before the transfer can proceed unless authorized by the owner. Additionally, the bill mandates that real estate professionals, as part of their continuing education, must complete at least one hour of instruction focused on deed and title fraud prevention, identification, response, and reporting.

Government Affairs

https://www.legislature.ohio.gov/legislation/136/hb749