Bill Text: VA SB359 | 2020 | Regular Session | Prefiled
Bill Title: Gifts of real estate; title search required for recordation.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2020-02-05 - Continued to 2021 in Judiciary (8-Y 0-N) [SB359 Detail]
Download: Virginia-2020-SB359-Prefiled.html
20102745D
SENATE BILL NO. 359
Offered January 8, 2020
Prefiled January 6, 2020
A BILL to amend the Code of Virginia by adding a section
numbered 55.1-604.1, relating to gifts of real estate; title search required
for recordation.
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Patron-- Cosgrove
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Referred to Committee for Courts of Justice
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Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 55.1-604.1 as follows:
§55.1-604.1. Deed of gift; recordation; requirements.
No clerk shall record a deed of gift conveying real estate unless such deed is accompanied by a document certifying that a title search has been completed for the real estate subject to the deed and stating any matters affecting the title of property, including all title defects, liens, and encumbrances, that were found by the title search.
