HB 243 2024 CODING: Words stricken are deletions; words underlined are additions. hb0243-00 Page 1 of 3 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S A bill to be entitled 1 An act relating to title fraud prevention; creating s. 2 696.031, F.S.; creating a pilot program in Broward 3 County; providing definitions; requiring certain 4 parties to provide specified information to the 5 property appraiser; requiring the property appraiser 6 to make certain notifications to specified parties; 7 providing that certain action or inaction does not 8 give rise to liability; requiring participating 9 property appraisers to submit a report to specified 10 parties containing certain information; providing for 11 future repeal; providing an effective date. 12 13 Be It Enacted by the Legislature of the State of Florida: 14 15 Section 1. Section 696.031, Florida Statut es, is created 16 to read: 17 696.031 Title fraud prevention through sales contract 18 notification services; pilot program. —There is created in 19 Broward County the Title Fraud Prevention Through Sales Contract 20 Notification Pilot Program. 21 (1) As used in this sec tion, the term: 22 (a) "Monitored identity" has the same meaning as in s. 23 28.47(1). 24 (b) "Professional" means a real estate broker as defined 25 HB 243 2024 CODING: Words stricken are deletions; words underlined are additions. hb0243-00 Page 2 of 3 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S in s. 475.01(1), an attorney, or a title agent 26 (c) "Property appraiser" means the property appraiser for 27 Broward County. 28 (d) "Real property" means real property located in Broward 29 County. 30 (e) "Recording notification" has the same meaning as in s. 31 28.47(1). 32 (2) Upon execution of a contract for the sale of real 33 property and before the execution of the real prop erty 34 conveyance instrument, a professional must provide to the 35 property appraiser in the county in which the real estate is 36 located the seller's name, mailing address, e -mail address, and 37 phone number as such information appears within the sales 38 contract. 39 (3) Upon receipt of the information provided under 40 subsection (2), the property appraiser shall send a recording 41 notification if a contract involving a monitored identity has 42 been executed. 43 (4) There is no right or cause of action against, and no 44 civil liability on the part of, a professional or property 45 appraiser with respect to any action or inaction taken under 46 this section. 47 (5) By July 1, 2026, a property appraiser who participates 48 in the pilot program must submit a report containing the 49 following information to the Governor, the President of the 50 HB 243 2024 CODING: Words stricken are deletions; words underlined are additions. hb0243-00 Page 3 of 3 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S Senate, and the Speaker of the House of Representatives: 51 (a) The number of professionals who provided to the 52 property appraiser information pursuant to this section. 53 (b) The number of times information was provided to the 54 property appraiser pursuant to this section. 55 (c) The property appraiser's recommendation as to whether 56 the pilot program is appropriate to implement throughout the 57 state as an effective tool to com bat title fraud. 58 (d) Any other information the property appraiser deems 59 necessary. 60 (6) This section is repealed on July 1, 2026. 61 Section 2. This act shall take effect July 1, 2024. 62