Bill Summary for S 332 (2015-2016)

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Bill: REGISTER OF DEEDS-POA INDEXING FEES.

Summary date: 

Mar 18 2015
S.L. 2015-227

Bill Information:

View NCGA Bill Details(link is external)2015-2016 Session
Senate Bill 332 (Public) Filed Wednesday, March 18, 2015
AN ACT TO ENABLE REGISTERS OF DEEDS TO COLLECT ADDITIONAL FEES FOR INDEXING INSTRUMENTS THAT CONTAIN EXHIBITS WITH MULTIPLE ENTERABLE PARTIES.
Intro. by Daniel.

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Bill summary

Amends the uniform fees statute for register of deeds found in GS 161-10 to provide that for recording an instrument that contains excessive recording data, the fee will be an additional $2 for each entity listed in the instrument. Provides that any instrument that lists more than 10 distinct entities, including any attachments or exhibits, that require indexing are considered to contain excessive recording data.

Effective July 1, 2015.