03.01.18   •   Document Updates

Document Updates: California Exemption Recording Sheet (Cx21960)

As previously announced, Cal. Gov’t Code § 27388.1 was created to permit county 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). Several counties created cover sheets documenting reasons why a specific transaction is exempt from these recording fees. Docutech’s version of this recording fee exemption sheet is Cx21960.

In response to client requests, we have created several dozen new fields that allow a Lender to electronically populate Cx21960. The document prints with two versions of the form; one for Security Instruments, and one for Assignments. Consequently, we have created a series of fields for both versions of Cx21960. The new fields that will mark the exemption reason checkboxes are:

  • 119089  SecIns CA Rec Fee Exempt – Documentary Transfer Tax Paid on Concurrent Docs
  • 119090  SecIns CA Rec Fee Exempt – Documentary Transfer Tax Paid for Recorded Docs
  • 119091  SecIns CA Rec Fee Exempt – Maximum Fees Paid on Concurrent Docs
  • 119092  SecIns CA Rec Fee Exempt – Maximum Fees Paid for Recorded Docs
  • 119093  SecIns CA Rec Fee Exempt – Document Transfers Dwelling to Owner-Occupier
  • 119094  SecIns CA Rec Fee Exempt – Concurrent Docs Are for Owner-Occupied Residence
  • 119095  SecIns CA Rec Fee Exempt – Recorded Docs Were for Owner-Occupied Residence
  • 119096  SecIns CA Rec Fee Exempt – Not Related to Real Property
  • 119097  SecIns CA Rec Fee Exempt – Exempt for Other Reasons
  • 119099  Assignment CA Rec Fee Exempt – Documentary Transfer Tax Paid on Concurrent Docs
  • 119100  Assignment CA Rec Fee Exempt – Documentary Transfer Tax Paid for Recorded Docs
  • 119101  Assignment CA Rec Fee Exempt – Maximum Fees Paid on Concurrent Docs
  • 119102  Assignment CA Rec Fee Exempt – Maximum Fees Paid for Recorded Docs
  • 119103  Assignment CA Rec Fee Exempt – Document Transfers Dwelling to Owner-Occupier
  • 119104  Assignment CA Rec Fee Exempt – Concurrent Docs Are for Owner-Occupied Residence
  • 119105  Assignment CA Rec Fee Exempt – Recorded Docs Were for Owner-Occupied Residence
  • 119106  Assignment CA Rec Fee Exempt – Not Related to Real Property
  • 119107  Assignment CA Rec Fee Exempt – Exempt for Other Reasons

The new fields that will populate the title of the document(s) and the data within the paragraphs are:

  • 119657  SecIns CA Rec Fee Exempt – Document Title
  • 119643  Assignment CA Rec Fee Exempt – Document Title
  • 119655  SecIns CA Rec Fee Exempt – Docs for Owner-Occupied Residence Recorded Document Number
  • 119656  SecIns CA Rec Fee Exempt – Docs for Owner-Occupied Residence Recorded On Date
  • 119658  SecIns CA Rec Fee Exempt – Documentary Transfer Tax Paid Recorded Document Number
  • 119659  SecIns CA Rec Fee Exempt – Documentary Transfer Tax Paid Recorded On Date
  • 119660  SecIns CA Rec Fee Exempt – Maximum Fees Paid Recorded Document Number
  • 119661  SecIns CA Rec Fee Exempt – Maximum Fees Paid Recorded On Date
  • 119098  SecIns CA Rec Fee Exempt – Other Reasons Description
  • 119641  Assignment CA Rec Fee Exempt – Docs for Owner-Occupied Residence Recorded Document Number
  • 119642  Assignment CA Rec Fee Exempt – Docs for Owner-Occupied Residence Recorded On Date
  • 119644  Assignment CA Rec Fee Exempt – Documentary Transfer Tax Paid Recorded Document Number
  • 119645  Assignment CA Rec Fee Exempt – Documentary Transfer Tax Paid Recorded On Date
  • 119646  Assignment CA Rec Fee Exempt – Maximum Fees Paid Recorded Document Number
  • 119647  Assignment CA Rec Fee Exempt – Maximum Fees Paid Recorded On Date
  • 119108  Assignment CA Rec Fee Exempt – Other Reasons Description

In addition, in order to provide more consistency, we have replaced the upper portion of Cx21960 with the same section from our generic first lien California Deed of Trust, Cx312. The “Return To” and “Prepared By” sections will appear exactly as they do on Cx312.

These changes will be in effect on March 2, 2018. If you have any questions or concerns about these changes, or if you would like to coordinate with your Account Manager about the population of these new fields, please contact Client Support at 1.800.497.3584.

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