One Inyo County official is leading the charge against legislation she says will cost local residents 700 percent more than they are accustomed to.
Clerk-Recorder Kammi Foote, serving as co-chair of the California Clerk-Recorders Legislative Committee, has been working to prevent the passage of SB 391, the California Homes and Jobs Act.
According to Foote, SB 391 would require a $75 fee be placed on every document recorded in California. Currently, base recording fees range from $6 to $10. The bill would increase that fee to anywhere between $81 and $85 per document; amounting to an increase of up to 750 percent for refinancing a home, recording loan modifications or recording other documents necessary to prove home ownership in Inyo County.
“This is huge,” Foote said. “It’s going to have a huge impact on Californians and we (the California California Clerk-Recorders Legislative Committee) see it as blind-siding Californians,” because it will increase the fee so drastically, while other, similar bills include small, incremental increases.
(Read more in the Tuesday, April 30, 2013 edition of The Inyo Register.)