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MI SB1133
Bill
AI Summary
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County registers of deeds collect a $4.00 fee for recording instruments through December 31, 2042, with the fee reducing to $2.00 beginning January 1, 2043.
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Collected fees are remitted quarterly to the state treasurer and deposited into the survey and remonumentation fund, with counties retaining up to 1.5% to cover administrative costs.
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Counties that expended funds to expedite completion of their county plan may use up to 50% of annual grant revenue to reimburse themselves for those expenditures.
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Fee exemptions apply to state and federal agencies filing liens, individuals or entities recording liens under employment security or commercial code provisions, and foreclosing governmental units.
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Effective immediately upon passage (December 22, 2022).
Legislative Description
Property: recording; register of deeds; modify collection of fees. Amends sec. 2567a of 1961 PA 236 (MCL 600.2567a).
Property: recording
Last Action
Assigned Pa 0271'22 With Immediate Effect
12/28/2022