Exempts assignments or substitutions of previously recorded deeds of trust from document recording fees and covenant homeownership program.
The bill exempts assignments or substitutions of previously recorded deeds of trust from the document recording fee and the covenant homeownership program assessment. The document recording fee is charged by the county auditor for each document recorded, in addition to any other charge. The covenant homeownership program assessment is collected for each document recorded, except for certain exemptions. The bill specifies that these exemptions include assignments or substitutions of previously recorded deeds of trust.
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