In this section, “property bondsman” means a person other than a defendant who executes a bail bond secured by real estate in the State. A property bondsman may authorize an agent in writing to execute on behalf of the property bondsman: a bail bond; and a declaration of trust or deed of trust to secure a bail bond by real estate. If all other requirements of law are met, a person authorized by law to take a bail bond shall take a bail bond secured by declaration of trust or deed of trust on real estate properly executed by an authorized agent of a property bondsman. A person who acts as a property bondsman for compensation shall provide to the court documentation of ownership, tax status, and liens against the property posted. A person described under paragraph (1) of this subsection who willfully provides false documentation is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 1 year or a fine not exceeding $1,000 or both.