Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3412 requires title insurance companies to notify home buyers at closing about their eligibility for residence homestead exemptions from property taxes. The bill mandates that title companies assist buyers in applying for exemptions unless the buyer opts out. It allows title insurers to charge a fee for this service and imposes penalties for noncompliance.
Author
Erin Gamez