AG 2003 01 27 - Laserfiche WebLink

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No',ember 2001 Land Records Bulletin No. 29 Comparing Copies for Certification The fee for compam~g and cemfy, mga copy of mi.,,, mstrm,leut tiled for reg~straUon will tucrease from $2 O0 to S5 00 Uncertg~ed Copies of Instruments The amended law leaves wltlan file dlscreraou of the register of deeds whether a fee should be charged for tmcerttfied copies of tnstrmnents and how oluch tha£ fee should be The amended taw does clarify,' however, timt any fees charged for ancemfied copies must be protmnently d~splayed tn die office of the register of deeds GS 161-10(a)(ll) previously provided that these fees were to be "prommeotly posted ltl Ins office" The clarfficatton was probably provided e~ther to make file language of the statute more gender neutral, or to make It clear timt fees had to be posted itl the register of deeds office, generally. rather flmrt in the file reglster's own private workspace. or both Also, tile revised provlsmn reiterates that the register of deeds inay change these fees wahm his or her thscreUon, but adds that the fees tnust be utuforln Qualification of Notary Pubhc Tile fee for adnumstenng the oath of office to a notary pobhc and lnakang the related record entries wdl increase from $5 00 to $10 00 Nonstandard Instruments Chapter 390 adds a new provmton, GS 161- t0(a)(19), wluch estabhshes a fee of $25 00 for file registration or filing of any document that falls to meet file recording standards adopted m G S 161-14Co) The new recording standards are thscussed on pages 3 mid 4 Blank or Master Forms of Mortgages Chapter 390 ,'unends G S 47-21 and increases the fee charged for filing, recording, and mdexmg a blank or master forln of mortgage, deed of trust, or other hen-creatulg document The current fee is $5 00 per document The amendment makes the fee the same for recording instruments m general--S12 00 for the first page and $3 00 for each page or pamal page thereafter 6 / o:l. Automation Enhancement and Preservation Fund lu ad~tton to rinsing ~om fees to more appropriate levels for sustaining operaUons m the regtsmrs of deeds offices, CMpter 390 also a~s a uew section wiuch creates ~ Automanon Eflmcement and Pmse~atton Fm~d" The dew G S 161-[1 3 prowdes that 10% of the fees collected pursuant to G S 161-10, ~d returned by the count, must be set asxde each year ~d deposited mto ~s no~eveffmg hnd to tin,ce expanth~es on computer ~d una~g teclmolo~ fur ~e reg~er of deeds office ~te F~scal Research D~wsmn prepped a teg~slauve fiscal note to assess the tm~ct of the ch~ges proposed by H I073 Wlule ~t was not possible to accurately esUmate ~e amom~t flint would be dedicated to the ~d fl~ough the 10% set astde, ~e F~scal Research D~wston est~ated that ~e stamw~de mcre~e m revenues from the fee increases atone would be appm~tely $13 5 ~lhon per year Impo~fly, ~e new provtsmn Sso notes that the existence of this ~d ~d new momes for automaton expeodatees ts not mtanded to d~msh ~e obhganon of the bo~d of county colmmsstoners to ~nush supphes ~d eqmpment to ~e regx~er of deeds office Real property records Recording Standards Chapter 390 (I-t 1073) also makes significant changes to G S 161-14, wluch deals with the mglstratmn of instruments These changes apply to mstrmneots executed on or after July l, 2002 Again, the deterrnmanve date for the recording standards amendments Is not the date tlmt the document ts presented for recording, but the date that the document ~s executed Tius wtil require registers and their staffs to pa> careful attention to the date that an msu-ument was fully executed,2 or tf the instrument aself does not refer to a document being 'tully executed" because s~mattous otlen an.~ ',',hem documents require muluple 3