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Maverick National Services, LLC - Ron McPherson/IA
5/13/2009 10:27:35 AM (2391 views)

[-] More fees to advance - Robert Franco/OH (14 replies)
5/13/2009 9:59:18 AM (1668 views)

The new law standardizing documents filed in the county recorders' offices goes into effect on July 1, 2009 in Ohio.  Non-conforming documents must still be accepted, but there will be an additional fee of $20.  The main impetus behind this seems to be that the new recordation systems in the recorders' office make it more difficult to fit the recording information on documents, so they are requiring certain margins.  This does seem ridiculous, because a very simple solution would have been to add a blank page, if necessary, at a cost of $8. Now, they will be charging $20.  There is no common sense in government anymore.

Anyway, my main concern about this is that we will inevitably be asked my many of our clients to advance the $20 fee on filings that do not conform to the new rules.  Obviously $20 will be much less expensive than returning the documents, having them redrafted and executed, and then sent back. However, with so many companies not paying the full amount of the copy fees we currently advance, I can't see them actually reimbursing us for this extra recording expense.  At the very least, it will be a major headache trying to collect this fee once advanced and their documents are on record.

I'm not sure how to handle this.  We could advance the fees and take our chances.  Or, we could require them to send us the $20 before we record, but I don't like the idea of delaying a recording.  We could just start sending them all back with a note that the filing fees were $20 short and send them a copy of the new rules, but I don't think our clients would appreciate that either.

Does anyone have any thoughts?  I want to accomodate our customers, but I'm already having a problem getting paid for work we actually do - I can't afford to advance more money that I'm not going to get back.

Best,
Robert A. Franco
SOURCE OF TITLE

 

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Re: More fees to advance - Wanda Steudel/OH
5/13/2009 12:00:36 PM (1181 views)
Re: More fees to advance - Jessica Talley/NJ
5/13/2009 3:44:12 PM (1093 views)
Re: More fees to advance - Robert Franco/OH
5/13/2009 6:00:07 PM (1138 views)
Re: More fees to advance - Jean Allen/NC
5/13/2009 8:12:10 PM (1125 views)
Re: More fees to advance - Robert Franco/OH
5/14/2009 9:39:42 AM (1077 views)
Re: More fees to advance - Jean Allen/NC
5/14/2009 3:51:57 PM (1129 views)
Re: More fees to advance - Jessica Talley/NJ
5/14/2009 4:35:51 PM (1111 views)
Re: More fees to advance - Ron McPherson/IA
5/13/2009 9:00:29 PM (1096 views)
Re: More fees to advance - Helene /GA
5/13/2009 10:50:29 PM (1056 views)
Re: More fees to advance - Robert Franco/OH
5/14/2009 9:41:30 AM (1137 views)
Re: More fees to advance - Dorothy Payne/NY
5/14/2009 12:10:40 AM (1045 views)
Re: More fees to advance - Robert Franco/OH
5/14/2009 9:42:35 AM (1080 views)
Re: More fees to advance - William Case/TN
5/14/2009 10:13:52 AM (1051 views)
Re: More fees to advance - Diane Cipa/PA
5/18/2009 11:47:00 AM (1045 views)

[+] Doc Hunters, Clearwater, FL - Bill Jones/NJ (9 replies)
5/12/2009 10:38:46 AM (2339 views)

Status - Becky Vigneault/VT
5/11/2009 9:31:54 PM (1575 views)

[+] Carteret Title - Kristi Lee/NE (4 replies)
5/11/2009 11:38:32 AM (2098 views)


AccuSearch Company


[+] Applied Technology Resources - Debbie Thibodeaux/LA (3 replies)
5/8/2009 6:06:33 PM (1835 views)

Woman admits taking $3.4M from SP company - George Booth/OH
5/6/2009 10:29:06 PM (1726 views)

[+] Pet Peeves - Jean Allen/NC (9 replies)
5/6/2009 7:12:06 PM (2004 views)

[+] REAL SOURCE TITLE - CLOSED - Frank NAVARRO/IL (9 replies)
5/6/2009 7:11:32 PM (6174 views)

[+] Fidelity/Lawyer/Commonwelath Illegal Breach of Contract - Cheryl Hartzman/PA (2 replies)
5/4/2009 3:30:31 PM (2341 views)

[+] New Clients - Mike /KS (21 replies)
5/3/2009 8:19:42 AM (2434 views)

[+] Why don't we charge up front? - Patrick Ridens/CO (5 replies)
5/2/2009 11:34:19 PM (2241 views)

[+] transactional funding - Chet Mazur/CA (3 replies)
5/2/2009 3:32:46 PM (1671 views)

[+] National TitleNet - ANTHONY MUZIO/NY (2 replies)
5/1/2009 6:11:42 PM (1774 views)

[+] Reliance Information Source (sorry) - Dan Zook/NY (3 replies)
5/1/2009 12:52:19 PM (1607 views)


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