As introduced, establishes a property fraud alert program to be administered by each county register of deeds if the local government appropriates funds for the program; increases the penalty for unlawfully drawing property transfer documents without interest in the property from a Class E felony to a Class D felony. - Amends TCA Title 8, Chapter 13; Title 35; Title 39, Chapter 17; Title 45; Title 47; Title 66 and Section 67-4-409.