PROPERTY RECORDS-HOUSING

Summary

The bill creates a $150 recording fee for mortgage nominees, directing most of the money to the state’s Rental Housing Support Program and a portion to local affordable‑housing efforts. It also requires the Department of Financial and Professional Regulation to keep an online registry of mortgage nominees and mandates cover‑sheet documentation for such recordings. The changes aim to capture lost fee revenue and improve mortgage tracking.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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