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May 24, 2002 Document Recording Fees Increase June 13, 2002 - Support Low Income Housing During the 2002 Washington State Legislative Session, Substitute House Bill 2060 was passed which relates to funds for operating and maintenance of low-income housing projects and for innovative housing demonstration projects. The Bill amends RCWs 36.18.010, 18.85.540, and 43.185.050; and, adds new sections to chapter RCWs 36.22 and 43.330. As a result of the passage of SHB 2060, county auditors will apply a surcharge of $10 to each document recorded in their respective county. The surcharge will be in addition to any other charge authorized by law and will begin on June 13, 2002. As passed, SHB 2060 calls for up to five percent (5%) of revenue collected be retained by the auditor for fund administration. Of the remaining funds, forty percent of the revenue generated will be transmitted monthly to the state treasurer who will deposit the funds into the Washington housing trust account. Sixty percent of the revenue generated will be retained by the county and be deposited into a fund that must be used by the county and its cities and towns for housing projects or units within housing projects that are affordable to very low-income persons with incomes at or below fifty percent of the area median income. After careful review of the legislation, it was determined by Washington's 39 county auditors to exempt the following documents from the $10 surcharge imposed by SHB 2060:
Recording fees
for all other types of documents, including maps, will be increased
by $10. Except for those documents listed above, the basic recording
fee will be $19 for the first page and $1.00 for each additional page,
per document. Please contact your local auditor's office for a complete
list of document recording fees.
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