Loading...
HomeMy WebLinkAboutMINUTES - 05152001 - C.43 P TO: BOARD OF SUPERVISORS CONTRA COSTA COUNTY FROM: Stephen L. Weir, County Clerk-Recorder DATE: April 11, 2001 SUBJECT: SUPPORT LEGISLATION AB 1641: ELECTRONIC cl�sri couN`� � RECORDING OF REAL PROPERTY DOCUMENTS SPECIFIC REQUEST(S)OR RECOMMENDATION(S)AND BACKGROUND AND JUSTIFICATION ACTION RECOMMENDED AND REQUESTED Approve a resolution in support of Assembly Bill 1641 pertaining to electronic recording of real property documents. BACKGROUND Assembly Bill 1641 (Assembly Member John Campbell) would grant specified County Recorders the ,, ability to electronically record real property documents submitted to their offices for recordation byt,, licensed title insurance companies, major mortgage lenders as well as state and federal government: agencies. AB 1641 would grant California County Recorders the right to electronically record real `!._ property documents submitted to their offices for recordation by licensed title insurance companies, major mortgage lenders as well as state and federal government agencies. An electronic recording pilot program authorized by the Legislature in 1996 (AB 3296)for Orange and San Bernardino County Recorders has shown that service to the public is greatly enhanced and the costs of those local government services are lowered by applying modern technology to a process that has changed little, if at all, over the past 60 years. Also demonstrated by the results of the pilot program, under which more than one million documents have been recorded electronically, is that proper security measures employed within the electronic recording system reduce the risk of fraudulent practices. Among problems with traditional recording methodology is the excessive time consumed in recording, usually measured in hours or days. Also, there is the time and expense entailed in transporting documents via courier service to the Recorder's Office, then waiting in lines and on crowded highways, a serious shortcoming in time-sensitive transactions. Electronic recording reduces the recordation process to minutes and will eliminate lines and the need for couriers to and from the Recorder's Office. CONTINUED ON ATTACHMENT: ® Yes SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE 4,-`APPROVE _OTHER SIGNATURE(S): ~ ACTION ON BOAR ON May 15, 2001 APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS: XX UNANIMOUS (ABSENT: ---- ) I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND AYES: NOES: ENTERED ON THE MINUTES OF THE BOARD OF ABSENT: ABSTAIN: SUPERVISORS ON THE DATE SHOWN. ATTESTED: May 15, 2001 JOHN SWEETEN, CLERK OF THE BOARD OF SUPERVISORS AND OUNTY ADMINISTRATOR BY: cc: Clerk-Recorder DEPUTY ' Board of Supervisors April 11, 2001 Page 2 Consumers in this case, chiefly California homeowners and other buyers of real estate, have their business tended to promptly and securely. The need for modernization and employment of new technology in County Recorder's Offices in California has been apparent to the Legislature for many years. As far back as 1984, for example, the Legislature allowed Recorders to charge customers additional fees to be used solely for the automation and modernization. The added fee charged to the public indicated the need to bring Recorders' operations up to date. The pilot program of Orange County proves without doubt that electronic recording can be of great benefit to both the public and government. Electronic recording is simply a good government issue for Contra Costa County. FISCAL IMPACT There is no cost to the general fund although we anticipate cost savings in the future. SLW:ceb r:recorder's office\AB 1641.bos