HB 448 VA

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Passed One Chamber

Land records; certain financing statements; recording and indexing fees. Sets forth the fees that a clerk of the circuit court shall charge for recording and indexing a multipurpose deed of trust or mortgage, described in the bill as a deed of trust or mortgage, whether or not commercial, that serves multiple purposes and contains two or more components that may serve as independent legal instruments for independent legal purposes. The bill provides that no clerk of a circuit court shall assess separate recording and indexing fees for such multipurpose deed of trust or mortgage unless the person presenting such document or instruments requests that such document or instruments be recorded and indexed in more than a single instance. The bill also provides that no recordation tax shall be required of a quitclaim deed or deed to correct a fraudulently recorded deed, including a deed of trust, between a grantor and grantee when no consideration has passed between the parties.

• Marcus B. Simon Democratic · primary

1. Jan 12, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103483D · lower
2. Jan 12, 2026 Referred to Committee on General Laws · lower
3. Jan 22, 2026 Referred from General Laws and referred to Courts of Justice (Voice Vote) · lower
4. Jan 26, 2026 Assigned HCJ sub: Civil · lower
5. Jan 28, 2026 Subcommittee recommends reporting (8-Y 0-N) · lower
6. Feb 4, 2026 Reported from Courts of Justice (22-Y 0-N) · lower
7. Feb 6, 2026 Read first time · lower
8. Feb 6, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB448) · lower
9. Feb 9, 2026 Read second time and engrossed · lower
10. Feb 10, 2026 Read third time and passed House (98-Y 0-N 0-A) · lower
11. Feb 11, 2026 Constitutional reading dispensed (on 1st reading) · upper
12. Feb 11, 2026 Referred to Committee for Courts of Justice · upper
13. Feb 18, 2026 Reported from Courts of Justice and rereferred to Finance and Appropriations (13-Y 0-N 1-A) · upper
14. Feb 25, 2026 Continued to next session in Finance and Appropriations (15-Y 0-N) · upper

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced · PDF
• Introduced · HTML