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Real estate fraud took center stage in 2024 when Elvis Presley’s famed Graceland became the subject of a foreclosure scam involving a fraudulently notarized deed of trust. The epidemic of real property seller impersonation fraud sweeping the country caught lawmakers’ attention and prompted a wave of legislative activity to address the issue. Two bills that became law included a Georgia measure requiring a Notary to record certain notarial acts affecting real estate in a journal and an Oklahoma bill that created new penalties for failure to properly identify a signer.
TX House Bill 255 - House Bill 255 prohibits a Notary from improperly using a seal, allows a Notary to record a government-issued ID card or U.S. passport expiration date in the Notary’s record book, and increases the fees a Notary may charge for most notarial acts.