RECOMMENDATION(S):
ADOPT Resolution No. 2020/339 establishing an Electronic Recording Delivery System (ERDS) pursuant to the State Electronic Recording Delivery Act of 2004.
FISCAL IMPACT:
There is no impact to the County General Fund for this program. It will be paid for with dedicated Recorder ERDS Trust fund monies. The annual cost will be determined by the number of real property documents recorded in the previous year for which an electronic recording delivery fee was collected.
BACKGROUND:
The Electronic Recording Delivery Act of 2004 (“ERDA”) was established by AB 578 to authorize a county recorder, upon approval by resolution of the board of supervisors and system certification by the Attorney General, to establish an electronic recording delivery system for the delivery for recording of specified digitized and digital electronic records. Use of ERDS for electronic recording of real property documents allows authorized submitters (such as title insurers and institutional lenders) to record with more flexibility and speed, which benefits the public.
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