WeVote
Log In

Bill

Bill

HB 1367

TO AMEND THE ARKANSAS TITLE INSURANCE ACT; AND TO REGULATE ACCESS TO PUBLIC RECORDS BY A TITLE AGENT AND A TITLE COMPANY.

2025 Regular Session Introduced by Clint Penzo and 1 co-sponsor

Arkansas Act 346 restricts title agents' and companies' access to public records while amending the Title Insurance Act's regulatory framework.

Notification that HB1367 is now Act 346
0
WeVote Research Nonpartisan
Bill Summary · HB 1367

Legislative bill overview

HB 1367 amends Arkansas's Title Insurance Act to modify how title agents and title companies can access public records. The bill establishes new regulations governing what public records these entities can obtain and under what conditions, updating the legal framework that has governed this access.

Why is this important

Title agents and companies rely on public records to verify property ownership and identify liens or encumbrances during real estate transactions. Changes to their access could affect transaction speed, costs, and the efficiency of property transfers—ultimately impacting home buyers, sellers, and the real estate industry's operations.

Potential points of contention

  • Privacy vs. Access: Restricting public record access by title companies may protect individual privacy but could complicate legitimate property title verification, potentially slowing transactions
  • Definition Ambiguity: The bill's specific restrictions on record access may lack clarity, creating confusion about which records are accessible and under what circumstances
  • Industry Impact: Title insurance companies may face increased operational costs or delays if access to necessary records is curtailed, potentially raising costs for consumers

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

Sign in to ask a question.