Loading chat...

NC S19

Bill

Status

Passed

6/30/2016

Primary Sponsor

William Rabon

Click for details

Origin

Senate

2015-2016 Session

AI Summary

  • Increases the uniform fee for registering deeds of trust and mortgages from $56.00 to $64.00 for the first 35 pages (previously 15 pages).

  • Maintains the additional fee of $4.00 per page for pages exceeding the initial page allowance.

  • Maintains the $10.00 fee for each additional instrument contained within a deed of trust or mortgage.

  • Eliminates language specifying whether documents must be written, printed, or typewritten.

  • Becomes effective October 1, 2016, to comply with federal Truth in Lending and Real Estate Settlement Procedures Act closing disclosure requirements.

Legislative Description

Uniform Recording Fees - Register of Deeds

Last Action

Ch. SL 2016-86

6/30/2016

Committee Referrals

Judiciary I6/22/2016
Finance6/16/2016
Rules, Calendar, and Operations of the House6/14/2016
Finance3/4/2015
Finance2/9/2015
Rules and Operations of the Senate2/4/2015

Full Bill Text

No bill text available