Recording the Signing

Courtesy photo Indiana Gov. Eric Holcomb ceremonially signs the State Sen. Rodric Bray-authored Senate Enrolled Act 505 into law at the Statehouse Thursday, June 1. The law updates recording laws by allowing electronic documents and signatures to satisfy legal requirements and changes the amounts and distribution of recording fees. District 37 State Sen. Bray (R-Martinsville, seated left) is joined by State Sen. Blake Doriot (R-Syracuse, right). The law changes the amounts and distribution of recording fees, setting a statutory fee for bulk form copies of 10 cents per copy of a recorded document and 10 cents per recorded document for a copy of the indices and allows a fee set by ordinance of up to 20 cents per copy and per recorded document if costs incurred by the county recorder exceed the amount of the statutory fee. It also adds the Uniform Real Property Electronic Recording Act that provides, effective Jan. 1, 2018, for purposes of recording: (1) an electronic document satisfies any legal requirement for an original paper document or other medium; and (2) an electronic signature satisfies a legal requirement that a document must be signed, notarized, acknowledged or verified.