VirginiaSB7152026 Regular SessionSenate

Land records; certain financing statements, recording and indexing fees.

Sponsored By: R. Creigh Deeds (Democratic)

In Committee

Summary

Land records; certain financing statements; recording and indexing fees. Sets forth the fees that a clerk of the circuit court shall charge for recording and indexing a multipurpose deed of trust or mortgage, described in the bill as a deed of trust or mortgage, whether or not commercial, that serves multiple purposes and contains two or more components that may serve as independent legal instruments for independent legal purposes. The bill provides that no clerk of a circuit court shall assess separate recording and indexing fees for such multipurpose deed of trust or mortgage unless the person presenting such document or instruments requests that such document or instruments be recorded and indexed in more than a single instance. The bill also provides that no recordation tax shall be required of a quitclaim deed or deed to correct a fraudulently recorded deed, including a deed of trust, between a grantor and grantee when no consideration has passed between the parties.

Finance and Appropriations

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • R. Creigh Deeds

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 29 • No: 0

Senate vote 2/10/2026

Continued to 2027 in Finance and Appropriations

Yes: 15 • No: 0

Senate vote 2/2/2026

Reported from Courts of Justice and rereferred to Finance and Appropriations

Yes: 14 • No: 0 • Other: 1

Actions Timeline

  1. Continued to 2027 in Finance and Appropriations (15-Y 0-N)

    2/10/2026Senate
  2. Reported from Courts of Justice and rereferred to Finance and Appropriations (14-Y 0-N 1-A)

    2/2/2026Senate
  3. Referred to Committee for Courts of Justice

    1/14/2026Senate
  4. Presented and ordered printed 26101348D

    1/14/2026Senate

Bill Text

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