December 12, 2017
by Matthew Cholewa
McCalla Raymer Leibert Pierce, LLC – USFN Member (Connecticut, Florida, Georgia, Illinois)
The Connecticut governor has signed into law the state budget for 2017-2019. Buried in section 665 of the 900-page budget bill (June Special Session, Public Act No. 17-2) is a $7 increase for recording many documents on the Land Records. The increased recording fees took effect on December 1, 2017. Accordingly, this recording fee increase should be kept in mind for transactions where the documents are recorded on or after December 1.
Recording and Property Registration fees in Connecticut before and after the fee change are as follows:
| |
Before Fee Change |
After Fee Change |
|
All Documents (except MERS documents)
|
$53 for first page plus
$5 for each additional
page
|
$60 for first page plus
$5 for each additional page
|
|
Deeds (except deeds for no consideration)
|
$2 additional fee |
Same $2 additional fee |
|
Assignments of Mortgage by MERS,
and Releases of Mortgage by MERS
|
$159 flat fee for entire document |
$159 flat fee for entire
document (no change)
|
|
MERS Mortgages and Assignments
to MERS, and all other documents
where MERS is the grantor or grantee
|
$159 for first page plus
$5 for each additional
page
|
$159 for first page plus
$5 for each additional
page (no change)
|
| Foreclosed Property Registrations |
$53 |
$60 |
© Copyright 2017 USFN and McCalla Raymer Leibert Pierce, LLC. All rights reserved.
November/December e-Update
Note for consideration of the USFN Award of Excellence: This article is not a "Feature."
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