Affordable Home and Jobs Act Fee Impacts Recordable Documents
MONO COUNTY RECORDING FEES HAVE CHANGED AS OF JANUARY 1, 2018
Effective January 1, 2018, the recording of all real estate instruments, papers, and notices shall be subject to an additional fee between $75 and $225. In September 2017, the State enacted the Building Homes and Jobs Act which requires county recorders to collect a $75 fee on the recording of “every real estate instrument, paper, or notice…per each single transaction per parcel of real property.” The total amount of the fee will depend on the number of instruments, papers, and/or notices and parcels involved in the transaction, but it shall not exceed $225. This new fee is in addition to all other applicable recording fees.
**Please see our PUBLIC NOTICE here**
IF YOUR DOCUMENT IS EXEMPT FROM THE AFFORDABLE HOMES AND JOBS ACT FEE, AN EXEMPTION STATEMENT IS REQUIRED ON THE FACE OF THE DOCUMENT. PLEASE CLICK HERE FOR OUR SAMPLE COVER PAGE. OTHERWISE, YOUR DOCUMENT MAY BE CHARGED THE FEE OR REJECTED.
For more detailed information, please refer to our Letter to our Customers regarding SB2, Affordable Homes and Jobs Act Fee.