Lien Search Fee Increase
Summary
The city wants to raise the fee it charges for lien searches — title companies and homebuyers pay these during real estate closings — with automatic annual inflation adjustments going forward.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Impact analysis
Raises a city revenue fee paid mainly during real estate transactions; the exact new amount isn't in the published agenda.
The city's general fund gains revenue; the cost falls mostly on title companies and parties in real estate transactions.
Homebuyers and title companies pay slightly more at closing.
Mentions & discussions (1)
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