Bulletin: NJ000062
Dear Associates:
As you are aware, effective February 1, 2002, recording fees were increased substantially. Attached is a chart which may be helpful as a quick reference when calculating the new recording charges.
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THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.
NEW JERSEY RECORDING FEES EFFECTIVE FEBRUARY 1, 2002
- Deeds:
First page including tax abstract $30.00
Each additional page 5.00
- Agreement:
First page 25.00
Each additional page 5.00
- Mortgages:
First page 25.00
Each additional page 5.00
- Assignments:
First page including marginal notation 30.00
Each additional page 5.00
- Releases:
First page including marginal notation 30.00
Each additional page 5.00
- Discharges:
First page including marginal notation 30.00
Each additional page 5.00
- Power of Attorney:
First page 25.00
Each additional page 5.00
- Notice of Settlement:
Two parties 15.00
Three parties 30.00
- Release of Federal Tax Lien: 20.00
- UCC
Secured party and debtor 25.00
Termination, Continuation, Release
Assignment, Amendment 25.00
Third party assignee 50.00
- Mortgage cancellations:
Each book 15.00