South Carolina General Assembly
115th Session, 2003-2004

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H. 4953

STATUS INFORMATION

General Bill
Sponsors: Reps. E.H. Pitts, Toole and Huggins
Document Path: l:\council\bills\pt\1931mm04.doc

Introduced in the House on March 16, 2004
Currently residing in the House Committee on Judiciary

Summary: Fees and costs collected by registers of deeds

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   3/16/2004  House   Introduced and read first time HJ-32
   3/16/2004  House   Referred to Committee on Judiciary HJ-32

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

3/16/2004

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 8-21-310, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SCHEDULE OF FEES AND COSTS COLLECTED BY REGISTERS OF DEEDS, SO AS TO PROVIDE THAT A SEPARATELY EXECUTED ASSIGNMENT IS A SEPARATE INSTRUMENT FOR PURPOSES OF COLLECTING THE RECORDING FEE, EVEN IF IT IS FILED SIMULTANEOUSLY WITH THE MORTGAGE IT ASSIGNS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 8-21-310(3) of the 1976 Code, as last amended by Act 531 of 1990, is further amended to read:

"(3)    for recording an instrument which assigns, transfers, or affects a single real estate mortgage or other instrument affecting title to real property or lien for the payment of money, unless it is part of the original instrument when initially filed if it is a separately signed and executed document, even of it is filed simultaneously with the mortgage or other instrument it assigns, transfers, or affects, six dollars; and if the instrument assigns, transfers, or affects more than one real estate mortgage, instrument, or lien, six dollars for each mortgage, instrument, or lien assigned, transferred, or affected and referred to in the instrument and an additional one dollar for each page for any instrument exceeding one page;"

SECTION    2.    This act takes effect upon approval by the Governor.

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