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[+] Cutting our own throats $4.75 searches - Mike Creedon/FL (12 replies)
8/7/2009 12:56:47 PM (5880 views)

[+] I'm back... - Robert Franco/OH (3 replies)
8/6/2009 12:42:27 PM (4043 views)

[+] Lot Takedowns - Mandy Harmon/SC (8 replies)
8/5/2009 2:58:42 PM (3891 views)

Input Requested - Debbie Thibodeaux/LA
8/4/2009 1:42:06 PM (3223 views)

[-] Marginal Entries by County Recorder - edward hartung/OH (12 replies)
8/4/2009 12:48:58 AM (3752 views)
Re: Marginal Entries by County Recorder - Robert Franco/OH
8/4/2009 8:30:44 AM (4742 views)
Re: Marginal Entries by County Recorder - STEVE MEINECKE/TN
8/4/2009 9:08:17 AM (4300 views)
Re: Marginal Entries by County Recorder - edward hartung/OH
8/5/2009 12:18:50 PM (4379 views)
Re: Marginal Entries by County Recorder - Robert Franco/OH
8/5/2009 1:32:32 PM (4304 views)
Re: Marginal Entries by County Recorder - edward hartung/OH
8/5/2009 7:05:03 PM (4164 views)
Re: Marginal Entries by County Recorder - Robert Franco/OH
8/6/2009 10:20:35 AM (4309 views)
Re: Marginal Entries by County Recorder - STEVE MEINECKE/TN
8/6/2009 11:11:34 AM (4332 views)
Re: Marginal Entries by County Recorder - Robert Franco/OH
8/6/2009 12:35:49 PM (4273 views)
Re: Marginal Entries by County Recorder - edward hartung/OH
8/6/2009 4:34:32 PM (4264 views)
Re: Marginal Entries by County Recorder - Robert Franco/OH
8/6/2009 5:10:04 PM (4233 views)

I have never really paid enough attention to notice whether they have always charged for two marginals on subordination agreements, but I assume they have. That is what I would expect, at least.

A subordination agreement basically says that the mortgage at Vol. XXX, Page XXX is here by subordinated to mortgage at Vol. YYY, Page YYY. Thus, it references two other documents and I would assume that both would be marginalized.

In the books it was not particularly a big deal, because the subordination agreement was generally the document immediately following the new mortgage. It was much more important to have the reference to the old one. However, now that they are on the computer, you wouldn't naturally look at the next document so I think the marginal is more important than it used to be.

So, to me it does not seem like an overcharge. I just can't think of a reason why I wouldn't want both marginals to be made. I don't think I would argue with the recorder over it, so long as they are making some kind of notation. The only time I get upset is when the county charges the fee, but doesn't make ANY notation because they don't believe it is necessary with the computer index anymore.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: Marginal Entries by County Recorder - STEVE MEINECKE/TN
8/6/2009 6:48:55 PM (4194 views)
Re: Marginal Entries by County Recorder - William Pattison /CA
8/17/2009 11:35:40 AM (4080 views)


Real Title Services


Building Inspections - William Pattison /CA
8/3/2009 1:43:00 PM (3047 views)

[+] Signing Agents - K Smith/ME (6 replies)
8/3/2009 8:12:43 AM (3524 views)

[+] Looking to get started in title searches - Teri Francis/MT (20 replies)
7/30/2009 9:00:54 AM (4021 views)

[+] article re legislation and abstractors - Alix Ott/MI (1 reply)
7/29/2009 1:53:46 PM (3439 views)

[+] Wow - Monte Sturgeon is back....wish he would send me some of the cancellation fees he signed for... - Regina Phlange/AK (3 replies)
7/28/2009 10:52:30 AM (10787 views)

[+] Scott Perry - Sheila Sten/PA (30 replies)
7/28/2009 6:19:03 AM (4405 views)

[+] VA absractors - Electric co-op searches - Constance Foye/VA (2 replies)
7/27/2009 5:47:22 PM (3547 views)

SoftPro License - Thomas Ewald/MI
7/27/2009 5:02:24 PM (3272 views)

[+] How do they get anything done?? - george Hubka/MI (9 replies)
7/24/2009 6:53:20 PM (4009 views)

[+] Good luck! - J. H./OH (15 replies)
7/22/2009 3:37:27 PM (3518 views)


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