A new ordinance affecting the recording of deeds in Philadelphia went into effect on Monday November 3, 2008.
Ordinance 080424-A provides that:
Prior to the recording of any deed, a check of record ownership be conducted by the Department of Records, appropriate documentation be submitted to the Department with certain deeds and requirements for the delivery of deeds to the Department of Records be met; providing for notification to the record owner of the recording of any deed; providing for exemptions and making certain technical changes, all under certain terms and conditions.
(To see the complete ordinance visit this Link)
However, pursuant to §2-203 of this ordinance, DEEDS PRESENTED FOR RECORDING BY OR FOR ANY TITLE INSURANCE COMPANY, ATTORNEY OR LAW FIRM ARE EXEMPTED FROM THESE ADDITIONAL REQUIREMENTS
The Records Department has interpreted this as including those who are acting as agents for a title insurance company. However, if the abstractor/closer is only providing closing services and is not working as an agent of a title insurance company, then the filing would need to comply with all of the new requirements.
In order to be exempt each deed must have attached a notarized affidavit of exemption.
(Download that affidavit) |
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