PROPERTY RECORDS-HOUSING

Summary

The bill requires the Department of Financial and Professional Regulation to publish an online registry of mortgagee nominees and directs counties to charge an extra $150 when a nominee records a mortgage. Most of the fee ($120) goes to the state Rental Housing Support Program, with the remainder supporting local affordable‑housing projects and recorder services. It also mandates a cover sheet for these recordings and blocks a lien if the sheet is missing, aiming to capture lost revenue for housing assistance.

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

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