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House Co-Sponsorship Memoranda
House of Representatives
Session of 2023 - 2024
Regular Session
MEMORANDUM
| Posted: | June 26, 2024 12:37 PM |
|---|---|
| From: | Representative Joe Ciresi |
| To: | All House members |
| Subject: | Ensuring Fair Recording Fees Under the Uniform Parcel Identifier Law |
| Under the Uniform Parcel Identifier Law, counties are allowed to implement a uniform parcel identifier (UPI) system for managing property records and identifying land parcels. The law allows counties to set fees by ordinance for the recording of documents with the county recorder of deeds office, and most counties charge a fee for each UPI number in the document during a recording transaction. Because of the way these fees are structured, the costs of recording documents involving a large number of parcels can be astronomically high. In one instance in 2020, a company was charged $484,000 for recording a couple of conveyance instruments and mortgages. While there were many different parcels included in that transaction, Pennsylvanians should be able to expect fair and reasonable fees when receiving services from their government. That is why I will be introducing legislation to create a fairer system for fees charged under the Uniform Parcel Identifier Law, by requiring counties to charge a flat rate per UPI number and capping the overall fee that could be charged for recording a single document. Setting a maximum fee of $10,000 per document would ensure that counties are still fairly compensated for the work involved in recording these transactions, while also ensuring fairness to those doing business with them and preventing them from being burdened with excessive fees. Please join me in co-sponsoring this important legislation to ensure fair fees for all parties involved in recording real estate documents with our counties. |
Introduced as HB2497
Memo Updated: June 26, 2024 12:38 PM