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Uniform Commercial
Code (UCC) Filing Guide |
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Effective
July 1, 2001
Filing
Under New Laws Revising
Article 9 of the Uniform
Commercial Code
Oklahoma
Uniform Commercial Code
Central Filing Office
In
the Office of Oklahoma County
Clerk,
Carolyn
Caudill
405-713-1522
(General Information)
405-713-1810
(Fax)
To
perform a search via the
Internet and for general
information, visit their
website at:
oklahomacounty.org/countyclerk
Contact
the Central Filing Office
by E-mail at:
uccoffice@oklahomacounty.org
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RECORDING,
FILING AND COPY FEES
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ALL
FILINGS HAVE A $5.00 PRESERVATION
FEE
Documentary
Stamps - $.75 per $500 or $1.50 per $1,000.
It is based on the
entire consideration paid
for property.
Recording
Fees -
$8 for the first page and $2 for each additional page.
Copies
- $1 per page per instrument.
Certified Copies
- $1 per Certification.
Copies of
Indexes
- an Affidavit for Persons and Firms wishing to copy Indexes is required
before service is rendered. Providing
this service requires the Tract Book be removed from Public Access and takes
extensive time away from the Deputy's regular duties; therefore this service
will be rendered after office hours and you will be required to reimburse the
County for that employees overtime hours at the rate of $15 per hour (one hour
minimum) along with the customary copy charge.
Fax
- $0.25 per page
Recording Plats
of one block or less - $10.
Recording Plats
of more than one block - $25.
Preservation Fee
-
additional $5.00
per instrument
Judgments
- $8 first
page $2 each additional
page.
Release
-
$8 first page $2
each additional page.
Fictitious
Partnerships -
$5 first page $2 each additional page.
Attorney
& Hospital Lien
- $10
first page $2 each additional
page.
No charge for Release,
preservation fee $5.00.
Insurance
Lien - $10 first page
$2 each additional page.
No charge for Release, preservation fee $5.00.
Physicians
Lien -
$10 first page $2
each additional page.
No charge for Release, preservation fee $5.00.
Underground
Facilities - $100 fee. Must be filed in January each year.
After February 1 a $50 late fee is charged.
Mechanic
Lien
- $10
first page
- $2 each additional page
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$8 for each notice.
No charge for Release,
preservation fee $5.00.
Oklahoma Tax
Warrants
- $8 filing fee
- $8 Release fee.
Federal Tax Lien
- All filings
$8
-
$8 Release fee.
*Copying Images to Electronic Media
1 to 100 images - $25.00 (Minimum Charge)
101 to 250 images - $0.20 per image
251 to 500 images - $0.15 per image
501 to 1,000 images - $0.10 per image
1,001 images and above - $0.05 per image
*Images can only be reproduced in a range of document numbers, book & page or date range fee includes CD, Mailer and Postage. Other formats customer must provide media
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Statutory Requirements
For Recording
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19 O.S. Section 261:
all instruments filed for
record in the Office of any County Clerk within the State of Oklahoma shall,
under the signature affixed to said instrument, bear the printed or typed name
of the signer thereof.
19
O.S. Section 298:
·Shall be an
original or certified copy of an original instrument.
- Shall be clearly legible,
in the English language, using xerographically reproducible dark ink, on
paper of a color that is xerographically reproducible by the copying
equipment in use by the county clerk.
- Shall describe the property by
its specific legal description, and provide such information as is necessary
for indexing.
- Shall on each instrument be
listed the mailing address of the grantee, mortgage, assignee or other
designated party to which the instrument is to be delivered after recording.
- If the instrument contains more
than twenty-five legal descriptions requiring separate entries in the
indexes, the descriptions shall be sorted by addition, block, and lot if
platted property, or by township, range, and section if described by
governmental survey description. Any
instrument offered for recording containing more than twenty-five legal
descriptions per page, shall be accompanied by an additional filing fee of
one dollar ($1.00) per legal description in excess of twenty-five legal
descriptions per page.
- Unless otherwise provided by
law, such documents shall measure no larger than eight and one-half (8 ½)
inches by fourteen (14) inches.
- All documents shall provide an
area free of printed information sufficient in size to accommodate
affixation of the documentary stamps required, any certification of payment
of mortgage taxes, and the recording information affixed by the county clerk
upon acceptance of a document for recordation.
- If an instrument submitted to
the county clerk for recording does not contain sufficient space for the
affixation of such stamps and recording information without covering
language contained in the instrument, the county clerk may attach an
additional page to the document to provide for the affixation of such stamps
and recording information.
- The top margin of all documents
shall be at least one (1) inch and all other margins shall be at least
one-half (1/2) inch.
- Despite any provision in this
section to the contrary, the county clerk shall accept for filing any
document that fails to meet the requirement of this section if:
- The document is an original
or a certified copy of an original;
- The document is legible
without the aid of magnification or other enhancement of the text;
- The document is
xerographically reproducible by the copying equipment in use by the
county clerk;
- The document meets all other
statutory requirements for recordation; and
- The person offering the
instrument for recording pays the additional fee provided in
Section 32 of Title 28 of the Oklahoma Statutes for nonconforming
documents.
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Documentary
Stamp Tax
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STATUTORY
REFERENCE: Pursuant to Oklahoma
State Statute Title 68 Section 3201 there is imposed on each conveyance
of real property a Documentary Stamp Tax when the consideration or value exceeds
One Hundred Dollars ($100.00).
AMOUNT
OF TAX: The
tax shall be prorated at the rate of seventy-five cents ($0.75) for each Five
Hundred Dollars ($500.00) of the consideration or any fractional part thereof.
EXEMPTIONS:
Oklahoma
State Statute Title
68 Section 3202 states
the tax imposed by Section
3201 shall not apply to:
- Deeds recorded prior to the
effective date of Sections 3201 through 3206 of this title;
- Deeds which secure a debt or
other obligation;
- Deeds which, without additional
consideration, confirm, correct, modify or supplement a deed previously
recorded;
- Deeds between husband and wife,
or parent and child, or any persons related within the second degree of
consanguinity, without actual consideration therefore,
Deeds between any person and an express revocable trust created by
such person or such person’s spouse or deeds pursuant to which property is
transferred from a person to a partnership, limited liability company or
corporation of which the transferor or the transferor’s spouse, parent,
child, or other person related within the second degree of consanguinity to
the transferor are the only owners of the partnership, limited liability
company or corporation. However,
if the ownership of the partnership, limited liability company or
corporation is changed within one (1) year of the property transfer, the
seller shall immediately pay the amount of tax which would have been due had
this exemption not been granted;
- Tax deeds;
- Deeds of release of property
which is security for a debt or other obligation;
- Deeds executed by Indians in
approval proceedings of the
District Courts or by the Secretary of the Interior;
- Deeds of Partition, unless, for
consideration, some of the parties take shares greater in value than their
undivided interests, in which event a tax attaches to each deed conveying
such greater share computed upon the consideration for the excess;
- Deeds made pursuant to mergers
of partnerships, limited liability companies or corporations;
- Deeds made by a subsidiary
corporation to its parent corporation for no consideration other than the
cancellation or surrender of the subsidiary’s stock;
- Deeds or instruments to which
the State of Oklahoma or any of its instrumentality’s, agencies or
subdivisions is a party, whether as Grantee or as Grantor or in any
capacity;
- Deeds or instruments to which
the United States or any of its agencies or departments is a party, whether
as Grantor or Grantee or in any other capacity, provided that this shall not
exempt transfers to or from National Banks or Federal Savings and Loan
Associations;
- Any deed executed pursuant to a
foreclosure proceeding in which the Grantee is the holder of a Mortgage on
the property being foreclosed, or any deed executed pursuant to a Power of
Sale in which the Grantee is the party exercising such Power of Sale or any
deed executed in favor of the holder of a Mortgage on the property in
consideration for the release of the borrower from liability on the
indebtedness secured by such Mortgage except as to cash consideration paid;
provided, however, the tax shall apply to deeds in other foreclosure
actions, unless otherwise herein above exempted, and shall be paid by the
purchaser in such foreclosure actions; or
- Deeds and other instruments to
which the Oklahoma Space Industry Development Authority or a Spaceport user,
as defined in the Oklahoma Space Industry Development Act, is a party.
When
submitting a deed that is exempt from Documentary Stamp Tax
for recording, the
Statute reference exemption must be included on the
face of the
document stating “No Documentary Stamp Tax Required
pursuant to O.S.
Title 68 Section 3202.(exemption number)”
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Instrument
Recording Guide |
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Prepare documents legibly
and in accordance with the provisions
of 19 O.S. Section 261
and 298.
Properly title,
date and execute the document including typed names and titles
beneath all signatures. Make sure each name and signature is consistent
throughout the document.
Properly
witness and/or acknowledge all documents.
Documents affecting real
property must be acknowledged in the proper
format.
Include
the complete legal description of the property with all initial
recordings and on subsequent recordings
where required by statute.
Properly
reference previously recorded documents when
you submit subsequent related documents for recording by including the
book & page numbers.
Provide
necessary information to recorder including the name, address and
telephone number of the preparer. Frequently
we can notify you by telephone if we notice a minor problem.
All deeds and/or conveyances of real property requiring
documentary stamps must be accompanied with proof of purchase price,
i.e. bill of sale, sales contract, receipt, etc.
This documentation is for purchase price verification only and
will not be recorded.
Identify
schedules and exhibits clearly and number the pages
so we can tell they belong with the document and are not an additional
recording.
Include
the correct fee and applicable
taxes:
all instruments
offered for recording require
a Filing
Fee, Deeds may require
Documentary Stamp Tax,
and Mortgages require a
Mortgage Tax Fee.
Include
a self addressed stamped envelope to ensure return of the document
to the desired party. If
there is not a self addressed envelope included, all instruments are
returned to the party submitting the document for recording.
Double
check your work to avoid rejection. |