Relating to real property theft and real property fraud; establishing recording requirements for certain documents concerning real property; creating the criminal offenses of real property theft and real property fraud and establishing a statute of limitations, restitution, and certain procedures with respect to those offenses.

HB 258 creates two new criminal offenses: real property theft (stealing or unlawfully taking property) and real property fraud (deceiving others to obtain property). It requires certain real estate documents, like deeds or transfers, to be recorded officially to prevent fraud. The bill sets a time limit (statute of limitations) for filing charges and mandates that offenders must pay restitution to victims. It also outlines specific legal procedures for prosecuting and resolving cases of these crimes.