GENERAL ASSEMBLY OF NORTH CAROLINA

1997 SESSION

 

 

S.L. 1997-114

HOUSE BILL 204

 

 

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          $25.00 $30.00

            Plus if the property is sold pursuant to the power of sale, an additional sum of thirty cents (30¢) per one hundred dollars ($100.00), or major fraction thereof, of the final sale price shall be collected.  In no case shall the additional sum exceed two hundred dollars ($200.00).  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 judgment                              5.00

(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."

Section 2.  This act becomes effective October 1, 1997.

In the General Assembly read three times and ratified this the 19th day of May, 1997.

s/   Dennis A. Wicker

President of the Senate

 

s/   Harold J. Brubaker

Speaker of the House of Representatives

 

s/   James B. Hunt, Jr.

Governor

 

Approved 4:33 p.m. this 29th day of May, 1997