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AZ SB1218

Bill

Status

Passed

3/26/2015

Primary Sponsor

Sylvia Allen

Click for details

Origin

Senate

Fifty-second Legislature - First Regular Session (2015)

AI Summary

  • Establishes specific recording fees for county recorders including $15 per deed transferring real property interests, $25 per deed of trust or mortgage, and $10 per release of deed of trust or mortgage.

  • Requires persons recording a deed of trust or mortgage for residential property (1-4 families) to include "residential 1-4" in the caption heading, though failure to comply does not affect document validity.

  • Includes fees from subsection A paragraphs 5, 6, and 7 in the amounts charged pursuant to subsection G and section 11-475.01.

  • Charges $1 per instrument when recorder must deliver documents by mail, with fees deposited into the county general fund.

  • Exempts county offices, agencies, and departments from recording fees when documents are recorded and payment would come from public monies.

Legislative Description

County recorder; recording fees

Last Action

Chapter 67

3/26/2015

Full Bill Text

No bill text available