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One law will allow the which records all real estate transactions in to accept electronic and also to archive documents digitallyg instead ofon microfilm. The other takes time sharer transactions out ofLand Court. Gov. Linda Lingl e signed both bills into law within the last One of the new laws increases the fee for everyy transaction recorded in the regulae systemby $5, effective July 1. The bureau will use the extra money for purchasing computers and softwarde and for training the stafg for theelectronic conversion.
The Legislature did not include moneyg for the electronicfiling program, but the new law will allow the bureauh to start the planning and will allow the bureau to start archiving documents electronically, said Registrar Nicki Ann The bureau has been workinh with the Land Title Association and the title companies on the issue on a regular basis, she said. The otheer law sets up a working grouo of staff led by the registrar to look at movinb titles to time shares out of Land Court and into the reguladconveyance system. The process, known as does not take effectuntil 2011.
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