Property Transaction Amendments

HB 441 requires sellers or closing agents to provide property sale details - including sales price, parcel number, and transfer date - to the Multicounty Appraisal Trust within 10 days of closing for most property transfers. It excludes residential sales (single-family or two-to-four unit homes) and specific transactions like family gifts, tax sales, or eminent domain from this requirement. The bill clarifies that sales price information shared with county assessors or the State Tax Commission is not considered a "private record," allowing county assessors to use this data to support property valuations and appeals. This affects real estate professionals, sellers, and county assessment offices, with no new funding or significant procedural changes beyond disclosure requirements.