This past year, Cal. Gov’t Code § 27388.1 was created permitting recording offices to charge an extra $75 for “every real estate instrument, paper, or notice required or permitted by law to be recorded, except those expressly exempted from payment of recording fees, per each single transaction per parcel of real property” (see 2017 Cal. Legis. Serv. Ch. 364).
While Supra does not require any additional documentation, several county recording offices in California are mandating that documents submitted for recording must contain a list of reasons for why they are exempt from this recording fee, else such fee will be assessed. For example, San Francisco requires the following:
“A declaration of exemption specifying the reason for the exemption from the fee must be placed on the face of each document, or on a coversheet to be recorded with the document, prior to depositing with the Recorder. If the exemption is not provided, the fee will be charged. Declarations of exemption are subject to review.” (see http://sfassessor.org/recorder-information/recording-document/recording-fees)
To accommodate this, we will be providing a new “CA Exemption Recording Sheet” (Cx21960) in all Closing loan packages for loans secured by property in California. This document is based on the sample sheet provided by San Diego County (available directly at: https://arcc.sdcounty.ca.gov/Documents/SB2-Atkins.pdf). We are currently working on the configurations for the checkboxes, but will be providing blank copies of this form with the “Recording Requested by:” and “When Recorded Mail to:” sections filled out in the interim.
This document will be available immediately. If you have any questions or concerns about this document, please contact Client Support at 1.800.497.3584.