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[-] Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD (15 replies)
7/6/2006 3:50:45 PM (2935 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Mason Haas/NY
7/6/2006 8:17:00 PM (3918 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Loretta Reed/MD
7/6/2006 8:28:27 PM (4007 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD
7/6/2006 9:45:58 PM (3588 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Scott Perry/PA
7/6/2006 10:42:27 PM (3732 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Kurt deVries/FL
7/7/2006 11:59:40 AM (4026 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD
7/7/2006 12:07:24 PM (3967 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Scott Perry/PA
7/7/2006 8:55:57 PM (4024 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Kevin Ahern/CT
7/8/2006 7:43:21 AM (3818 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Scott Perry/PA
7/8/2006 11:16:00 AM (3644 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Kevin Ahern/CT
7/9/2006 5:20:43 AM (3707 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Scott Perry/PA
7/9/2006 1:59:26 PM (3842 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Robert Franco/OH
7/7/2006 11:58:00 AM (3922 views)

We charge one fee for recording the documents for an "order."  So if they have a deed, mortgage, and assignment we only charge on fee.  We are updating the same information and extra work for reporting the recording information is minimal.  It does take considerably longer to get a deed through all the appropriate office and we have considered charging more if there is a transfer involved, but right now we don't.

We check the documents when they come in and we can usually tell if they can be filed.  If they have incorrect filing fees, or if they are missing some component we call the client before we send them to the courthouse.  Even if we get to the courthouse and they are reject, we rarely make a trip solely to record - we usually have other work there anyway.  So we do not charge a fee if we do not record.

We do have a small fee if we have to prepare a return envelope and provide postage, or if we have to type a conveyance form (one of our counties will not accept it if it is handwritten).

We also charge extra for commercial recordings because they often take longer to update and they sometimes have many documents in addition to the deed and mortgage; such as agreements, assignments of leases and rents, etc.

Looking at what we charge for our recordings and the time involved, we are actually making more on the filings that we are the search (per hour).  I would much rather be able to charge more our searches than the filings. 

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD
7/7/2006 12:01:57 PM (3740 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Robert Franco/OH
7/7/2006 12:13:42 PM (3838 views)
Re: Trip fees- Multiple recordings- One for the independent abstractors - Scott Perry/PA
7/8/2006 11:31:18 AM (3777 views)

[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (3006 views)


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