Requires disclosure of sales prices in real estate sales

Summary

The bill would make it illegal to record a deed for a property sale unless the document includes the sale price. Buyers who ignore this rule would face a civil penalty equal to 5% of the transaction amount, enforceable by the attorney general or local prosecutors. The rule does not apply to transfers that involve only mineral rights.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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