This bill proposes several updates to current statutes regarding real property in Arizona. It introduces new requirements for individuals recording documents at the recorder's office, mandating that they provide valid photo identification unless they are exempted categories such as escrow officers, title insurance agents, or governmental entities. Additionally, the bill stipulates that the recorder must not retain copies of the identification but must note specific details in the recording system, which will be kept confidential and exempt from public disclosure. Furthermore, it establishes a voluntary notification system for property owners to be informed of changes in ownership or mailing addresses.
The bill also repeals section 12-524 and amends various existing statutes to enhance the legal framework surrounding claims against real property. It increases the liability for individuals who record forged or groundless documents, raising the minimum damages from $1,000 to $5,000 and changing the classification of related offenses from a class 1 misdemeanor to a class 4 felony. Additionally, it requires notaries to obtain thumbprints from parties signing certain property-related documents, with specific provisions for those unable to provide a thumbprint. Overall, these changes aim to strengthen the integrity of property transactions and improve the protection of property owners' rights.
Statutes affected: Introduced Version: 11-472, 11-544, 11-1133, 12-524, 33-420, 41-254, 20-1562, 11-1134