Franklin County Property Recording and Tax Requirements
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The Frame
Property owners and real estate professionals must pay specific es and recording fees to the Clerk's Office to legally record property transfers or mortgages in Franklin County.
Potentially affected actors named in the source documents. Mention is not a position.
Property Owners
They are responsible for paying documentary stamp taxes and recording fees when transferring property or recording mortgages.
Real Estate Professionals
They must comply with current recording fee schedules and tax requirements when filing documents on behalf of clients.
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Key Facts
- Documentary stamp tax for deeds is $0.70 per $100 of consideration.
- Documentary stamp tax for mortgages is $0.35 per $100 of consideration.
- Intangible tax on mortgages is 0.002 times the mortgage amount (2 mills per dollar).
- The DR-219 form is no longer required for real estate transfers as of June 1, 2008.
- Standard recording fee is $10.00 for the first page and $8.50 for each additional page.
- An additional $1.00 fee applies for each name indexed beyond the first four names on a document.
- Failure to pay full documentary stamp taxes incurs a penalty of 10% to 50% of the unpaid tax.
- Unpaid documentary stamp taxes accrue interest at 1% per month from the date of recordation.
- Certain records, including death certificates, family law, juvenile, probate, mental health, and military discharge papers, are not viewable online.
Frequently Asked Questions
Do I still need to file the DR-219 form when transferring property?
What happens if I do not pay the full documentary stamp tax?
Can I view all property records online?
Summary
Why It Matters
Property owners and real estate professionals must pay specific es and recording fees to the Clerk's Office to legally record property transfers or mortgages in Franklin County.
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Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Repeal of DR-219 Form
The document highlights a long-standing policy change from 2008 where a specific real estate transfer form was eliminated.
Connected Entities
Sources
www.franklinclerk.com
Analysis Score
0–100- Significance40How much this matters to a regular citizen
- Controversy5Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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