This bill amends West Virginia Code §39-1-2 to establish new requirements for the recording of deeds related to real property transactions. It specifies that the county clerk must admit deeds, contracts, and other writings to record when they are properly acknowledged or proven by witnesses. Additionally, it mandates that any contract or deed must disclose the beneficial owner of the debt secured by the instrument, along with their residence, unless it pertains to certain negotiable notes or bonds.

A significant addition to the law is the requirement that purchasers of real property must record their deeds with the county clerk within three months of closing the transaction. This provision aims to ensure timely recordation of property deeds, thereby enhancing the clarity and security of property ownership records in West Virginia.

Statutes affected:
Introduced Version: 39-1-2