The Hawaii Bureau of Conveyances (BOC) has announced significant changes to the processing of Land Court/Torrens documents, effective from November 27, 2023. This update comes in light of unexpected staffing challenges that have affected the bureau’s operational capabilities.
Extended Turn-Around Time for eRecording
The BOC has advised that due to these staffing issues, the processing time for Land Court/Torrens documents submitted electronically (eRecording) has been extended significantly. The new estimated turn-around time is now between 25 to 35 business days. Given this delay, the BOC recommends that only non-urgent documents should be submitted electronically at this time, as they are likely to be recorded in 2024.
Continue reading “Hawaii Land Court/Torrens Document Processing Update”
Test your deed awareness! How many of these questions can you answer before reading our thoughts?
Continue reading “Frequently Asked Questions: Recording a Deed”
No one is recording deeds in Onondaga County. No one is recording mortgage liens. House sales are stalling, because no one knows if there’s a new judgment or lien on a home they need to close. The recording of deeds has simply stopped.
That was exactly the situation on the 26th of December, 2022. The online records platform used by the New York county had been hit by an organized attack.
Six weeks later, this same crisis — which wasn’t limited to New York — is still wreaking havoc in deed recorders’ offices.
As of Feb. 2, 2023, from one of dozens of affected Vermont cities: “High tech cleanup continues in the Stowe town offices, as tech crews continue to comb through its email servers following a hack attack last month.”
Continue reading “Hackers Struck in December. Deed Recorders Are Still Reeling”
On Jul. 25, 2021, recording fees in Seattle, Spokane, and
throughout Washington State went up significantly. Records of loans and liens,
community property agreements, surveys and plats are all $100 pricier.
In this Q&A, we’ll flesh out why Washington State upped
its recording prices, and the related impacts.
Continue reading “Washington State Deed Recording Fees Just Went Up. Here’s Why.”
No homeowner wants to find out there’s a deed in the home’s
past that went unrecorded. But it can happen.
In the normal transaction, at the time of the legal transfer
of real estate, the deed is filed with the county recorder’s office, placing
the new owner’s name in the public record. Why would anyone skip this step?
Sometimes It’s Deliberate…
Continue reading “The Monster Under the Bed: When a Home’s Past Holds an Unrecorded Deed”
impetus to digitalize real estate might just turn out to be the tipping point.
Practically overnight, COVID-19 is a defining element of our time. This hideous
and deadly virus became a major challenge to the systems that carry us through
our everyday transactions.
Continue reading “Pandemics, Property Transfer Breakdowns… The Digital Real Estate Industry Is Coming”
recording acts enable people to determine whose interest prevails
if interests in the same property have been conveyed to several
parties. For instance, what if a piece of real estate has several
encumbrances: mortgage debt, a mechanic’s lien, and others? We need to
know the order of priority.
made based on these stakes, so it’s essential to know how to preserve claims in
a piece of property. The best practice is to record any
new interest promptly. This way, should there be any conflicting
claim at a later date, the dispute can be settled.
Continue reading “Recording Real Estate Documents: Time is Priority”
Throughout the past decade, blockchain technology has evolved from an upstart concept to early adoption in banking and a host of other industries. Many people are eager to learn about blockchain and how it can change the way we do business.
might wonder, can the blockchain do to remedy the hurdles and risks that
pervade the real estate industry?
The question is now ripe. Today, we can review early examples of blockchain technology in action, modernizing property conveyance. Specifically, blockchain applied to real estate has obvious potential for improving the deed recording process.
blockchain make things better?
Continue reading “The Real Estate Deal, Decluttered: Blockchain and Deed Recording”
Effective January 21, 2019, prior to recording, all Cook County property conveyance instruments must be accompanied by an electronically-completed Cook County Real Estate Transfer Tax Declaration, aka, a “MyDec,” which can be completed via the Illinois Department of Revenue’s MyDec Transfer Tax Portal – https://mytax.illinois.gov/mydec The requirement to use MyDec is already in effect for all property transfers in the City of Chicago, and is being extended to all property in Cook County, including “exempt” and “non-exempt” transfers. This requirement does not alter any local municipal requirements for transferring property, and must be fulfilled, even if the instrument is accompanied by a Grantor/Grantee Affidavit.
Continue reading “MyDec to be Required for All Cook County Illinois Real Estate Conveyances”
Documents affecting real property
in Hawaii can be recorded in either the Land Court, also referred to as the
Torrens system, or in the Regular System (also referred to as the Abstract
system). A document recorded in both is referred to as “dual system recording.”
Both are managed by Hawaii’s single statewide recorder, the Bureau of
Conveyances, situated in Honolulu (there are no county offices of the recorder).
Continue reading “Recording Real Estate Document in Hawaii: What the FAQ?”