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HomeMy WebLinkAboutMINUTES - 11082011 - C.48RECOMMENDATION(S): ADOPT Resolution No. 2011/461 authorizing the County Clerk-Recorder to notify upon recording of certain documents real property owners in an effort to identify fraudulent transactions early and refer such transactions to the District Attorney for investigation and potential prosecution, pursuant to Government Code 27297.7, as recommended by the Clerk-Recorder and the District Attorney. FISCAL IMPACT: There is no fiscal impact associated with this action. Implementation of this program will result in cost increases to the Clerk-Recorder and District Attorney offices, but will be funded by restricted Real Estate Fraud Prosecution funding. BACKGROUND: The Real Estate Fraud Prosecution fund was first established in 1995 by Senate Bill 537 and codified in Government Code Section 27388, with the purpose to investigate, deter and prosecute real estate fraud involving recorded real estate documents. Government Code Section 27297.7 provides that a county recorder, after receiving authorization from the local Board of Supervisors, APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 11/08/2011 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Frederick Garcia, (925) 335-7928 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: November 8, 2011 David Twa, County Administrator and Clerk of the Board of Supervisors By: Stacey M. Boyd, Deputy cc: C.48 To:Board of Supervisors From:Stephen L. Weir, Clerk-Recorder Date:November 8, 2011 Contra Costa County Subject:Real Estate Fraud Notification Resolution BACKGROUND: (CONT'D) may notify real property owners when specific recordings occur against their properties. The Contra Costa County District Attorney and Clerk-Recorder have developed a joint program to notify property owners, which the Board authorized on August 2, 2011. If the owner feels potential fraud may be taking place, they may contact the District Attorney's Real Estate Fraud Unit to inquire about the details of the transaction. The goal of the program is to identify and investigate potential fraud as early as possible. CONSEQUENCE OF NEGATIVE ACTION: Failure to participate in this project will mean the Clerk-Recorder will not notify property owners when specific documents are recorded against their properties and Contra Costa will lose opportunities to identify potential fraud as a means to early prosecution. CHILDREN'S IMPACT STATEMENT: Not applicable ATTACHMENTS Resolution No. 2011/461