To: Board of Supervisors
From: Kristin Connelly, Clerk-Recorder
Report Title: Refund of overpayment of documentary transfer tax totaling $42.35 to eRecording Partners Network
☒Recommendation of the County Administrator ☐ Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE and AUTHORIZE the Auditor-Controller to issue a refund of overpayment of documentary transfer tax totaling $42.35 to by eRecording Partners Network(ePN).
FISCAL IMPACT:
The recommendation will result in a reduction of $42.35 from the County General Fund for the 2023-2024 fiscal year.
BACKGROUND:
The County Clerk-Recorder Department received a deed submitted by eRecording Partners Network(ePN) that had an incorrect documentary transfer tax. The deed was examined for recordability and accepted. To correct the scrivener error, a new deed was submitted and rerecorded reflecting the correct documentary transfer tax.
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eRecording Partners Network 11055 Wayzata Blvd. Suite 250 Minnetonka, MN 55305 |
Original Document #2024-0056479 Rerecorded Document #2024-0061832 |
$42.35 |
CONSEQUENCE OF NEGATIVE ACTION:
Failure to reimburse the parties would cause them to pay more than legally required for documentary transfer tax.