Deed fraud; VHDA to evaluate prevalence, develop recommendations for prevention, etc.

The member organization for the advisory group was changed from the 'Office of the Clerk of the Circuit Court' to the 'Virginia Court Clerks Association'.

The requirement to consider an alert notification system for notaries when documents are submitted for recording was removed from the list of policy proposals.

Removed internal legislative headers and added official 'Enrolled' status and approval language.

Removed the mandate for localities to immediately establish property alert notification systems for owners and document alert systems for notaries.

Added a requirement for the Virginia Housing Development Authority to convene a technical advisory group to study deed fraud and submit recommendations by November 1, 2025.

Removed the requirement for settlement agents to exercise due diligence in ascertaining seller identity prior to recording documents.

Changed the bill's primary action from immediate enactment of new laws to a study and recommendation process with a specific reporting deadline.