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.
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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
No roll call votes available for this bill.
Actions Timeline
Continued from last session
7/21/2026SenateContinued to 2027 in Finance and Appropriations (15-Y 0-N)
2/10/2026SenateReported from Courts of Justice and rereferred to Finance and Appropriations (14-Y 0-N 1-A)
2/2/2026SenateReferred to Committee for Courts of Justice
1/14/2026SenatePresented and ordered printed 26101348D
1/14/2026Senate
Bill Text
Introduced
1/14/2026
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