Property Transaction Amendments

Summary

The measure requires a closing agent, within ten days of a qualifying property sale, to file a declaration containing basic transaction information with the Multicounty Appraisal Trust. County assessors can then access the sales price data for appraisal purposes, and the bill clarifies that such data is not a “private record” under the Government Records Access and Management Act. It applies only to property transfers that are not excluded by the bill’s definition of “sold property.”

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

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