Definition
Government recording charges are fees paid to local and state governments to record the legal documents of a home sale, such as the deed and mortgage.
Understanding Recording Charges
Government recording charges show up at the closing of a home purchase. These charges cover the cost of officially recording your property documents, like the deed, with the county. In simple terms, it ensures your ownership is recognized and protected. Example: If recording fees are $50 per document and you have three documents, the total would be $150. It's important to know that these charges are separate from property taxes. They don't change your monthly mortgage payments or the value of your home.
