Study to Evaluate Blockchain-Based Real Property Lease and Title Recordation and Verification

HB 810 establishes a two-year pilot program within Maryland's State Department of Assessments and Taxation to explore using blockchain technology for real property ownership records. The program, limited to up to three counties, will create a blockchain registry allowing property owners to opt in and receive digital titles that law enforcement and courts can verify in real time to resolve disputes like squatting. It requires the Department to coordinate with courts, police, and the Attorney General to develop secure systems, test smart contracts for title transfers, and educate users. The pilot must begin by January 1, 2027, and conclude with a final report by December 31, 2028, before the program automatically expires on July 1, 2029.