Land records; recording and indexing fees.
Summary
Land records; recording and indexing fees. Provides that no clerk of a circuit court shall assess separate recording and indexing fees for one document that contains two or more instruments that may serve independent legal purposes, 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 between a grantor and grantee when no consideration has passed between the parties, provided that such quitclaim deed shows on its face that no consideration has passed.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Feb 2025
House of Delegates Passage
Jan 2025
Senate Passage
Governor
Introduced Jan 6, 2025
Last action Feb 17, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Courts of Justice Substitute
→
Engrossed
·
3 edits
·
Feb 17, 2025
MINOR
The bill updates the language for recording mortgages that act as financing statements, removing specific references to 'multipurpose commercial deeds of trust' and replacing them with broader language covering any document containing multiple independent legal instruments. This change simplifies the rules by focusing on the function of the document rather than a specific label, ensuring consistent fee assessment for complex real estate records.
Scope change
The scope of the fee assessment rules was broadened from applying only to documents labeled 'multipurpose commercial deeds of trust' to applying to any single document containing two or more independent legal instruments.
REQUIREMENT
Removed the specific requirement that a document must be labeled 'THIS IS A MULTIPURPOSE COMMERCIAL DEED OF TRUST' to qualify for the special fee structure.
DEFINITION
Changed the definition of eligible documents from 'multipurpose commercial deed of trust or mortgage' to 'one document containing two or more instruments that may serve independent legal purposes,' explicitly including mortgage records serving as financing statements.
TECHNICAL
Deleted subsections 2b and 2c which provided specific instructions on how to record and satisfy multipurpose commercial deeds of trust, as these rules now apply generally to any document with multiple independent purposes.
Floor votes · House of Delegates Jan 30, 2025
How they voted
96–0
Passed · 4 other
Total votes 100
Jan 30, 2025
D
Democratic51
98% Yea
R
Republican49
93% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
19
Key actions
5
Committee
6
Amendments
2
Feb 10, 2025
Upper · Passed
Reported from Courts of Justice with substitute and rereferred to Finance and Appropriations (14-Y 1-N)
upper
Jan 31, 2025
Committee
Referred to Committee for Courts of Justice
upper
Jan 30, 2025
Lower · Passed
Read third time and passed House (96-Y 0-N)
lower
Jan 29, 2025
Introduced
Engrossed by House as amended
lower
Jan 29, 2025
Lower · Passed
Courts of Justice Amendment agreed to
lower
Jan 24, 2025
Lower · Passed
Reported from Courts of Justice with amendment(s) (22-Y 0-N)
lower
Jan 20, 2025
Lower · Passed
Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
lower
Jan 14, 2025
Committee
Assigned Courts sub: Civil
lower
Jan 6, 2025
Committee
Referred to Committee for Courts of Justice
lower
1 primary · 6 co-sponsors
Sponsors
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