SummaryAssembly Bill 2224 raises recording fees for Notary bonds and all documents filed with a recorder, and repeals the Electronic Recording Delivery Act sunset date of January 1, 2027.
AnalysisAssembly Bill 2224 raises the fees new and renewing Notaries will have to pay to record their official bond with the county recorder through 2027. Beginning January 1, 2028, the filing of Notary bonds will transfer from the county recorder to the county clerk under Assembly Bill 1828. We do not yet know how much the county clerks will charge to file Notary bonds. Under AB 1828, a fee study is to be put out for public comment and approved by each county board of supervisors is required. That will happen next year. While a Notary bond itself is usually 1 page, if a surety attached instructions related to using attorneys in fact, multiple pages must be recorded, all subject to the new fees. AB 2224 also repeals the sunset date that was assigned to the Electronic Recording Delivery Act. The Act authorized county recorders to electronically record real property and other documents filed with their office. Thus, the removal of the sunset date was critical for electronic recording to be legally authorized past January 1, 2027.
Read Assembly Bill 2224.