North Dakota Streamlines Recording Fee Structure

June 20, 2017

North Dakota recently passed a bill that modifies the fees country recorders can charge for filing mortgage disclosures.

According to Senate Bill 2340, it now costs $20 to record documents containing six or less pages, while it costs $65 to record documents containing more than six pages. An additional $3 is charged for each additional page after the first 25 pages.

This legislation could be an option for other states that conduct a high volume of gas and oil transactions, as it can cost more than $30,000 to record documents due to the number of pages. Nick Hacker, president of North Dakota Guaranty & Title Co., said the legislation was a compromise with the counties so it wouldn’t disrupt their budgets.

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