Legislative changes going into effect July 1, 2016

House Bill 1145 (Chapter 108) signed by the governor April 15 and effective July 1 clarifies that the filing fee for a residential real property conveyance is calculated based on the total sales price, as listed on the conveyance document. If there is no amount listed, or the amount is less than $500 and there is related documentation, then the total sales price on the declaration form is used to determine the filing fee.