Dear Readers,
Legislatures are moving through their sessions, with numerous bills
becoming law. Among them is a lien removal bill in Indiana. Indiana
Gov. Eric Holcomb signed legislation establishing a fee for recording
the release of a lien or liens on property held by a political subdivision.
The bill, HB 1231, was authored by Rep. Thomas Saunders,
R-Lewisville.
The bill states that the county will charge “$25 per parcel for recording
the release of a lien or liens of a political subdivision for a property sold
or transferred under IC 6-1.1-24-6.1 or IC 36-1-11, regardless of the
number of liens held by the political subdivision. This fee applies to
each political subdivision with a lien or liens on a parcel. In addition
to the fee under this subdivision, if a county fiscal body adopts a fee
under Section 10.7 of this chapter, the county may charge the fee under
Section 10.7 of this chapter for each document recorded by a political
subdivision under this subdivision.”
As more bills find their way through the pipeline, we’ll be updating you
on their impact to the industry.
Until next time, stay legal.
Andrea Golby
Editor, The Legal Description