Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



Maverick National Services, LLC - Ron McPherson/IA
5/13/2009 10:27:35 AM (5690 views)

[-] More fees to advance - Robert Franco/OH (14 replies)
5/13/2009 9:59:18 AM (4902 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

 

to post a reply: login - or - register


Re: More fees to advance - Wanda Steudel/OH
5/13/2009 12:00:36 PM (3264 views)
Re: More fees to advance - Jessica Talley/NJ
5/13/2009 3:44:12 PM (3275 views)
Re: More fees to advance - Robert Franco/OH
5/13/2009 6:00:07 PM (3295 views)
Re: More fees to advance - Jean Allen/NC
5/13/2009 8:12:10 PM (3155 views)
Re: More fees to advance - Robert Franco/OH
5/14/2009 9:39:42 AM (3024 views)
Re: More fees to advance - Jean Allen/NC
5/14/2009 3:51:57 PM (3193 views)
Re: More fees to advance - Jessica Talley/NJ
5/14/2009 4:35:51 PM (3142 views)
Re: More fees to advance - Ron McPherson/IA
5/13/2009 9:00:29 PM (3157 views)
Re: More fees to advance - Helene /GA
5/13/2009 10:50:29 PM (3143 views)
Re: More fees to advance - Robert Franco/OH
5/14/2009 9:41:30 AM (3156 views)
Re: More fees to advance - Dorothy Payne/NY
5/14/2009 12:10:40 AM (3083 views)
Re: More fees to advance - Robert Franco/OH
5/14/2009 9:42:35 AM (3096 views)
Re: More fees to advance - William Case/TN
5/14/2009 10:13:52 AM (5009 views)
Re: More fees to advance - Diane Cipa/PA
5/18/2009 11:47:00 AM (3066 views)

[+] Doc Hunters, Clearwater, FL - Bill Jones/NJ (9 replies)
5/12/2009 10:38:46 AM (9607 views)

Status - Becky Vigneault/VT
5/11/2009 9:31:54 PM (2949 views)

[+] Carteret Title - Kristi Lee/NE (4 replies)
5/11/2009 11:38:32 AM (3987 views)




[+] Applied Technology Resources - Debbie Thibodeaux/LA (3 replies)
5/8/2009 6:06:33 PM (3820 views)

Woman admits taking $3.4M from SP company - George Booth/OH
5/6/2009 10:29:06 PM (4359 views)

[+] Pet Peeves - Jean Allen/NC (9 replies)
5/6/2009 7:12:06 PM (3719 views)

[+] REAL SOURCE TITLE - CLOSED - Frank NAVARRO/IL (9 replies)
5/6/2009 7:11:32 PM (13236 views)

[+] Fidelity/Lawyer/Commonwelath Illegal Breach of Contract - Cheryl Hartzman/PA (2 replies)
5/4/2009 3:30:31 PM (4299 views)

[+] New Clients - Mike /KS (21 replies)
5/3/2009 8:19:42 AM (4332 views)

[+] Why don't we charge up front? - Patrick Ridens/CO (5 replies)
5/2/2009 11:34:19 PM (4522 views)

[+] transactional funding - Chet Mazur/CA (3 replies)
5/2/2009 3:32:46 PM (3626 views)

[+] National TitleNet - ANTHONY MUZIO/NY (2 replies)
5/1/2009 6:11:42 PM (3649 views)

[+] Reliance Information Source (sorry) - Dan Zook/NY (3 replies)
5/1/2009 12:52:19 PM (3637 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8956 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

How Another War in the Middle East Could Impact the Housing Market
Marissa Berends's Blog
2025/06/30
0 comments

The Aging of the American Homebuyer: A 40-Year Shift and Its Economic Impact
Marissa Berends's Blog
2025/06/20
0 comments

The Implications of Publicizing Fannie Mae and Freddie Mac
Marissa Berends's Blog
2025/06/18
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

NAR Pending Home Sales Report Reveals 1.8% Increase in May
"Consistent job gains and rising wages are modestly helping the housing market," said NAR Chief Economist Lawrence Yun. ...
Mortgage Applications Increase in Latest MBA Weekly Survey
“The combination of the ongoing conflict in the Middle East, current economic conditions, and last week’s FO...
Elevated Rates, Challenging Affordability Conditions Put a Damper on New Home Sales
“Housing affordability conditions have pushed more buyers to the sidelines, as reflected in our latest builder sur...
Title Resources Group Appoints Natasha Branch as Underwriting Counsel for North Carolina
Title Resources Group, one of the nation's leading title insurance underwriters, is pleased to welcome Natasha Branch as...
ZOCCAM, U.S. Bank and Stewart Title launch solution for faster, more secure title payments with Request for Payment
"Real Time ZOCCAM’s use of Request for Pay is combatting wire fraud by removing the need to send or receive wiring...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.