“E-Recording” means electronic recording.
This process allows us to submit original documents to the Clerk of Court for filing just minutes after closing. After submission, the documents are typically recorded within one hour. So, rather than dealing with a process spanning several weeks- having original documents arrive via mail at the Clerk of Court, waiting for the Clerk to record those documents and return them to us, and then returning the originals to owners and lenders- we are able to do all of the same steps in a few days. Since e-recording lets us avoid the lag in having original documents returned to us, our post-closing process is streamlined, allowing us to return original documents to owners and lenders weeks sooner.
E-recording reduces title claim exposure and chances for fraud.
Title insurance underwriters are facing the largest claim expenditures in history. We have adopted e-recording procedures in our office to limit claim exposure for our clients. Limiting claim exposure benefits our clients because, although title insurance protects property owners when claims are brought against their property, low exposure rates allow property owners to experience further peace of mind.
Original documents never leave our hands on the way to being record. Originals are secured in our office until we mail them out after recording. Recording checks don’t have to be put in the mail or sent via courier. Funds stay secured in our account until paid out to the Clerk of Court through an automatic debit process, minimizing the chance that checks will be altered and cashed by an unauthorized party.Leave a reply →