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HB 163

Notarization, filing, & recordation of certain land records; duties of notary or settlement agent.

2026 Regular Session Introduced by Marcus Simon

Virginia HB 163 revises notarization and land record filing requirements for notaries public and settlement agents to streamline real estate transaction processes.

Acts of Assembly Chapter text (CHAP0364)
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Bill Summary · HB 163

Legislative bill overview

HB 163 modifies Virginia's requirements for notarization, filing, and recordation of land records, adjusting the duties and responsibilities of notaries public and settlement agents in real estate transactions. The bill streamlines procedural requirements for documenting property transfers and related legal instruments. A committee substitute was adopted before passage, indicating substantive revisions were made to the original proposal.

Why is this important

Notarization and proper recordation of land records are foundational to establishing clear property ownership and preventing fraud in real estate transactions. Changes to these requirements directly affect thousands of Virginia property transfers annually and can impact transaction costs, timelines, and legal clarity for homebuyers, sellers, and lenders. Errors or inefficiencies in this process can result in title disputes, delayed closings, and financial losses.

Potential points of contention

  • Scope of notary duties: Clarifying or reducing notary responsibilities could either improve efficiency or create gaps in fraud prevention and document verification, depending on specific changes
  • Settlement agent requirements: Modifications may affect title companies and closing agents' liability exposure and operational procedures
  • Implementation burden: County recording offices and notary professionals may face training or system changes to comply with new procedures

Compiled from official sources — confirm details with the bill’s official record.

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