RECORDING FEE AVERAGE PRICING (GFE #7 / HUD LINE 1201) IS RESCINDED AS OF 06/01/2012 FOR REFINANCE CLOSINGS THAT ARE SCHEDULED TO CLOSE ON AND AFTER JUNE 25, 2012, AND PURCHASES THAT ARE SCHEDULED TO CLOSE ON AND AFTER JUNE 28, 2012.
DUE TO THE AMENDMENT OF SDCL 43-28-23 THAT BECOMES EFFECTIVE JULY 1, 2012, THAT SETS FLAT PER DOCUMENT FEES FOR DOCUMENT RECORDING AVERAGE PRICING BUNDLED CHARGES FOR RECORDING OF INSTRUMENTS WILL NO LONGER BE OFFERED. ACTUAL RECORDING FEES BASED ON THE REVISED STATE FEE SCHEDULE WILL BE COLLECTED AT CLOSING AND SHOULD BE DISCLOSED TO BORROWERS AS SUCH. FOLLOWING IS A LIST OF COMMON REAL ESTATE DOCUMENTS AND THE ASSOCIATED RECORDING FEE.
PARTIAL LIST OF SOUTH DAKOTA REAL ESTATE DOCUMENT RECORDING FEES
DEEDS, MORTGAGES, ASSIGNMENTS, MORTGAGE SATISFACTIONS, EASEMENTS, CONTRACTS, COVENANTS, RESOLUTIONS, SURVEYS, LIS PENDENS, LEASES, ETC.
(SDCL 7-9-15(1)
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$30.00 per document for the first 50 pages*
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TRANSFER FEE FOR DEEDS
(This fee applies to a deed if there is consideration
SDCL 43-4-21)
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$.50 per $500.00 of consideration
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MORTGAGE ASSIGNMENTS
(No more than one mortgage listed/assigned per document
SDCL 44-8-13)
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$30.00 per assignment for the first 50 pages*
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PLATS
(SDCL 11-3-11)
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$60.00 per Plat
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MASTER DEEDS and MASTER LEASES
(SDCL 43-15A-9)
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$75.00 per document forthe first 50 pages*
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*Documents over 50 pages require the recording fee plus $2.00 per each additional page.
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