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Mind the Gap

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Mind the Gap. MinMinnesota Land Title Association. April 8, 2008Land Title April. April 8, 2008 ... Mind the Gap. Mind the Gap. Submit Document(s) To The ... – PowerPoint PPT presentation

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Learn more at: http://www.commissions.leg.state.mn.us
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Title: Mind the Gap


1
Mind the Gap
MinMinnesota Land Title Association April 8,
2008Land Title April April 8, 2008
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Mind The Gap
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Mind The Gap
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Mind The Gap
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Mind The Gap
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Mind The Gap
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Mind the GapMinnesota Closing
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Mind the Gap
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Mind the GapSubmit Document(s) To The County for
e-Recording
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Mind the GapCounty Receives the Document to be
e-Recorded
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Mind the Gap
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Mind the Gap
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Mind the GapDocument Receipt and Endorsed
Document are Returned to Submitter
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Mind the Gap
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Mind the Gap
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Mind the GapPaper Versus Electronic
  • Prepare Documents 5-10 Min.
  • Execute and Calculate Fees 5 Min
  • Delivery 30 Seconds
  • Recorder Processing 3 Minutes
  • Return Delivery 30 Seconds
  • Enter Recorded Information 3 Minutes
  • Prepare Documents 5-10 Min.
  • Execute and Calculate Fees 5 Min
  • Delivery ½ to 5 Days
  • Recorder Processing ½ to 21 Days
  • Return Delivery ½ to 5 Days
  • Enter Recorded Information 1/2 to 21 Days

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Mind the Gap
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Mind the Gap
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Mind the Gap
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Mind the Gap
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Mind the Gap
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Mind the Gap
  • Will you be ready when this happens again?

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Mind the Gap
  • e-Record Team
  • IT Staff
  • Office Staff Involved in the Recording Process
  • Management
  • Legal Counsel/Staff
  • County Target Staff

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Workflow Sample Diagram
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Choose a Target County
  • Beltrami, Big Stone, Blue Earth, Carlton,
    Carver, Cass, Clay, Chippewa, Crow Wing, Dakota,
    Faribault , Hennepin, Hubbard, Jackson,
    Kandiyohi, Lac Qui Parle, Lincoln, Lyon, Martin,
    McLeod, Morrison, Otter Tail, Pipestone, Polk,
    Pope, Redwood, Renville, Roseau, Scott,
    Sherburne, Stearns, Steele, Stevens, Wabasha,
    Wadena, Washington, Watonwan, Wilkin, Wright and
    Yellow Medicine

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(No Transcript)
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Mind the GapStatement of Commitment and Payment
Method
  • Commitment between County and Trusted
    Submitter
  • Defines Parties and Terms
  • Commitments, Expectations, Communications
  • MN Standards
  • Determine Payment Method

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Mind the Gap
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Mind the Gap
  • Future Plans
  • Six Pack
  • Certificate of Real Estate Value (CRV)
  • Deed (Transfer Document)
  • Well Certificate
  • Mortgage
  • Assignment of Mortgage
  • Satisfaction of Mortgage

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Mind The Gap
  • Resource
  • www.sos.state.mn.us

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Questions?
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