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NC H384
Bill
Status
Passed
6/24/2011
Primary Sponsor
Bill Faison
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AI Summary
- Increases fee for registering general instruments from $12.00 to $26.00 for the first 15 pages (previously first page), plus $4.00 for each additional page (increased from $3.00)
- Increases fee for deeds of trust and mortgages from $28.00 to $56.00 for the first 15 pages (previously first page), plus $4.00 for each additional page (increased from $3.00)
- Adds $25.00 additional fee for each reference beyond the first original instrument on subsequent filings with multiple references
- Redirects portion of register of deeds fees to state: $6.20 per instrument to State Treasurer with 55% to Floodplain Mapping Fund, 20% to General Fund, and 25% to Department of Cultural Resources
- Modifies instrument page requirements to allow 9-point font minimum (reduced from 10-point) and reduces side margin requirements to at least one-quarter inch (from one-half inch)
- Suspends certain fee provisions from October 1, 2011 through July 1, 2013, with Sections 1-3 expiring July 1, 2013
Legislative Description
Register of Deeds/Fees
Last Action
Ch. SL 2011-296
6/24/2011
Committee Referrals
Finance3/17/2011
Full Bill Text
No bill text available