Recordation of deeds and deeds of trust; use of cover sheets on deeds. (HB763)

Introduced By

Del. Randy Minchew (R-Leesburg)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Recorded writings; deeds; cover sheets; indexes. Permits but does not require the use of a cover sheet in the presentation of instruments for recordation in jurisdictions that do not currently mandate the use of cover sheets. The bill provides for specific requirements for cover sheets used in the filing of deeds and other instruments relating to real property and provides that the cover sheets shall be developed in conjunction with the Office of the Executive Secretary of the Supreme Court. The bill changes the statutory form of deeds, deeds of trust, and credit line deeds of trust. The bill removes the requirement that a deed of trust trustee%92s office be located within the Commonwealth. The bill expressly permits limited liability companies, partnerships, and other entities to act as trustees of a deed of trust. Under current law, only individuals and corporations may act as deed of trust trustees. The bill substitutes the term %93beneficiary%94 for %93noteholder%94 thereby including other types of secured parties. The bill also defines %93prior mortgage%94 and redefines %93refinance mortgage%94 to clarify the priority of mortgages. The bill contains a partial delayed effective date as to provisions governing cover sheets in Title 17.1. Read the Bill »


Bill Has Passed


01/07/2014Prefiled and ordered printed; offered 01/08/14 14101983D
01/07/2014Referred to Committee for Courts of Justice
01/10/2014Assigned Courts sub: Civil
02/03/2014Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
02/07/2014Reported from Courts of Justice with substitute (22-Y 0-N) (see vote tally)
02/07/2014Committee substitute printed 14104390D-H1
02/08/2014Read first time
02/10/2014Read second time
02/10/2014Committee substitute agreed to 14104390D-H1
02/10/2014Engrossed by House - committee substitute HB763H1
02/11/2014Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/11/2014VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/12/2014Constitutional reading dispensed
02/12/2014Referred to Committee for Courts of Justice
02/24/2014Reported from Courts of Justice with substitute (15-Y 0-N) (see vote tally)
02/24/2014Committee substitute printed 14105096D-S1
02/25/2014Constitutional reading dispensed (40-Y 0-N)
02/26/2014Read third time
02/26/2014Reading of substitute waived
02/26/2014Committee substitute agreed to 14105096D-S1
02/26/2014Engrossed by Senate - committee substitute HB763S1
02/26/2014Passed Senate with substitute (39-Y 0-N)
02/28/2014Senate substitute agreed to by House 14105096D-S1 (98-Y 0-N)
02/28/2014VOTE: ADOPTION (98-Y 0-N) (see vote tally)
03/05/2014Bill text as passed House and Senate (HB763ER)
03/05/2014Signed by Speaker
03/08/2014Signed by President
03/27/2014G Approved by Governor-Chapter 338 (effective - see bill)
03/27/2014G Acts of Assembly Chapter text (CHAP0338)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 2 minutes.