Contents
- Index
Recording Costs
Before proceeding, navigate to line 1201, place your cursor on the borrower's or seller's amount column, then click the Calculate menu.
Enter Recording Rates and Identify Who Pays for the Recording Fees
Click Edit Cost Info. For each column (deeds, mortgages and releases) enter the cost of recording the first page and the cost of each additional page.
Under each column, click the party to whom the particular costs should be charged.
Save Rate Info as the Default for Future Files
To save the above information as the default for future files, click the Save Cost Info button.
Enter the Number of Documents and Pages for the Current Transaction
For each column (deeds, mortgages and releases) enter the total number of documents and the total number of pages for the document type in the spaces indicated.
For example: Assume there is one deed having two pages; and two mortgages, the first having 14 pages, the second having 5 pages. Under the deed column, enter 1 for the number of documents and 2 for the total number of deed pages. Under the mortgage column you would enter 2 for the number of mortgages, and 19 for the total number of mortgage pages.
When finished with the recording costs window, click OK.
Select a Payee for the Recording Costs
With your cursor on the borrower's or seller's column for line 1201, click Payee. Then select or enter the payee for recording costs for your jurisdiction (e.g., County Recorder). See Payees and Payors