Establishes provisions relating to obtaining loans with a quitclaim deed

HB 2235 establishes that borrowers seeking loans secured by property conveyed via quitclaim deed must have been a party to the original warranty deed or obtained title through a quiet title action. This requirement directly affects individuals using quitclaim deeds to transfer property and apply for financing, such as home loans or refinancing. The bill would create a new eligibility standard for these loans, replacing or adding to existing title verification processes. Currently in early legislative stages (prefiled and read first time in January 2026), the bill has not yet been debated or voted on.