GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

S	1 

SENATE BILL 1260

Short Title:  Foreclosure Filing Fees.	(Public)

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Sponsors: Senators Ballantine, Rand; and Gulley.

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Referred to:  Finance.

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May 22, 1996

A BILL TO BE ENTITLED
AN ACT TO RAISE THE FORECLOSURE FILING FEES.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 7A-308(a) reads as rewritten:
"(a)	The following miscellaneous fees and commissions shall be collected by the clerk of superior court and remitted to the State for the support of the General Court of Justice:
(1)	Foreclosure under power of sale in deed of trust or
	 mortgage	$30.00	If the property is sold under the power of sale, an additional amount will be charged, determined by the following formula:  thirty cents (30¢) per one hundred dollars ($100.00), or major fraction thereof, of the final sale price.  If the amount determined by the formula is less than ten dollars ($10.00), a minimum ten dollar ($10.00) fee will be collected.  If the amount determined by the formula is more than two hundred dollars ($200.00), a maximum two hundred dollar ($200.00) fee will be collected. (2)	Proceeding supplemental to execution	 20.00
(3)	Confession of judgment	15.00
(4)	Taking a deposition	5.00
(5)	Execution	15.00
(6)	Notice of resumption of former name	5.00(7)	Taking an acknowledgment or administering an oath, or both, with or without seal, each certificate (except that oaths of office shall be administered to public  officials without charge) 1.00(8)	Bond, taking justification or approving	5.00
(9)	Certificate, under seal	2.00
(10)	Exemplification of records	5.00(11)	Recording or docketing (including indexing) any
	document	– first page	4.00
	– each additional page or fraction thereof	.25
(12)	Preparation of copies
	– first page	1.00
	– each additional page or fraction thereof	.25
(13)	Preparation and docketing of transcript of judgment5.00
(14)	Substitution of trustee in deed of trust	5.00(15)	Execution of passport application – the amount allowed by federal law
(16)	Repealed by Session Laws 1989, c. 783, s. 2.
(17)	Criminal record search except if search is requested by an agency of the State or any of its political subdivisions or by an agency of the United States or by a petitioner in a proceeding under Article 2 of General	Statutes Chapter 20	5.00(18)	Filing the affirmations, acknowledgments, agreements and resulting orders entered into under the provisions	of G.S. 110-132 and G.S. 110-133	4.00
(19)	Repealed by Session Laws 1989, c. 783, s. 3."
Sec. 2.  This act becomes effective October 1, 1996.