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Fee to file real estate documents to go up by $2
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More from Breaking NewsThe County of Ventura will charge an extra $2 to file real estate documents, and will use the money to remove Social Security numbers from public files and to allow some documents to be submitted electronically.
The Board of Supervisors unanimously approved the plan today as two separate $1 fees. The fee to pay for the Social Security numbers project will expire in 2017, and the one to pay for the electronic document system will expire in a year or two.
The new fee for recording documents will be $9, up from $7. The county processes about 200,000 documents a year, most of them related to real estate transactions, so the new fees will bring in an additional $400,000 in annual revenue.
In both cases, the County Clerk-Recorder's Office will pay for the work with loans that will be repaid with revenue from the new fees. The Social Security numbers project will be contracted to an outside firm at a cost of about $1.2 million, and the electronic documents project will cost about $200,000 up front and an additional $20,000 per year, Assistant Clerk-Recorder Jim Becker told the Board of Supervisors.
Posted by smithjc on May 20, 2008 at 8:36 p.m. (Suggest removal)
hmmmmm, one "fee" expires in "a year or two" and the other in 2017. how much you want to bet that they will be with us forever?
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