What Is E-Recording and Why Is It Gaining in Popularity?
Every county office is responsible for maintaining property information and recording property transfers taking place in the county.
January 29, 2014 (Newswire.com) - Every county office is responsible for maintaining property information and recording property transfers taking place in the county.
e-Recording is the process of electronically recording title by submitting, receiving and processing documents for recording via the internet, instead of sending them to the county clerk's or recorder's office by express mail or courier service.
While this has been done manually over the years, most counties have now moved to the more efficient way of electronic recording and hence e-Recording is fast becoming the industry standard.
Why is it gaining popularity?
Among the many advantages, we highlight two:
1) Increased efficiency with quick e-Recording
Recording can be an inefficient process if documents are sent by mail or courier, and can also lead to misplaced documents. Electronic transmittal and recording is far more time efficient.
2) Instant electronic payments minimize discrepancies
e-Recording, which has customized details of fees by state and county, prevents recording documents from getting rejected at the recorder's office because of wrong fees and charges. Also, delays due to recording fees sent by checks can be minimized by using the electronic payment method.
SmartRec is a robust solution from SLK Global to electronically record documents using the internet instead of traditional mail or courier service.
With SmartRec, all you need to do is to make your documents available to the SmartRec queue (email, fax, FTP or data transfer through automated means). We take care of the rest for you, following a step by step approach including verification and exception handling. We ensure that you have complete control over your document submission, and receive the final confirmation of recorded documents.