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The fiber (book) and folio (page) used to identify the buyer's other deed that may be part of the transfer in the land records office of the clerk of the court.
Fiber is a book of public records. Folio refers to a page in that book. Fiber and Folio are used to designate the location of a Property Deed in the public record. Typically, a Property Deed will list the Fiber and Folio numbers of the last Property transaction.
Fiber is a book of public records. Folio refers to a page in that book. Fiber and Folio are used to designate the location of a Property Deed in the public record. Typically, a Property Deed will list the Fiber and Folio numbers of the last Property transaction.
Property deeds are used to convey real property from a granter (seller) to a grantee (buyer). For a deed to be legally operative, it must include the identification of the granter and grantee, and the adequate description of the property.
The recording fee for a deed might be $12 in one county and then $15 in another. Some agencies charge by the size of the document. For instance, a land record instrument might have a $60 fee for the first page, then $5 per page after that.
Why are real estate deeds recorded? Recording a deed in the county where the property is located places the document in the public records, providing constructive notice to subsequent purchasers, mortgages, creditors, and the public about a conveyance related to a specific parcel of real property.
The deed reference has at least two pieces a book number and a page number (sometimes known as a fiber and folio). Many older deed references also include two or three letters that are the initials of the clerk who recorded the deed. Below the Owner Information is the section on Transfer Information.
Quitclaim deed. A quitclaim deed is a legal instrument that is used to transfer interest in real property. ... The owner/granter terminates (quits) any right and claim to the property, thereby allowing the right or claim to transfer to the recipient/grantee.
When done properly, a deed is recorded anywhere from two weeks to three months after closing. However, there are many instances where deeds are not properly recorded. Title agents commit errors, lose deeds, and even go out of business. Even county offices sometimes fail to record deeds that were properly submitted.
Recapture Tax means the tax charged to the homeowner during certain specific situations to get back the costs. For instance, some government sponsored or insured programs, like HUD Low Income Housing programs, require that the buyer occupy the property and retain ownership for a specific period of time.
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