The proposed bill aims to establish the West Virginia Title Protection Act, which is designed to safeguard the rights of rightful property owners against fraudulent claims. It includes legislative findings that highlight the increasing threat of title and mortgage fraud, particularly in the context of modern technology where property titles can be easily manipulated online. The bill asserts that rightful property owners should not suffer legal repercussions or financial burdens due to fraudulent activities that compromise their property rights.

Key provisions of the bill include ensuring that rightful property owners maintain title to their property free of encumbrances, even if a fraudulent deed is presented or a loan is taken out using their property without their consent. Additionally, the bill mandates that county clerks notify property owners whenever there is a transfer of their property or when any documents affecting their land are filed or modified. This notification process is intended to protect property owners from potential fraud and to keep them informed about any changes to their property status.

Statutes affected:
Introduced Version: 37-16-1, 37-16-2, 37-16-3