California SB 2 Update On Varying County RequirementsUCC, Legislation, Due Diligence, Title Related Topics
As California SB 2 has been rolled out, its implementation has created varying applications county to county. All of you recording documents in California counties are very aware of this new reality.
Here’s a quick look at what SB2 is and what it does.
To further assist you, below are updates and requests from various County Recorders regarding California SB 2.
I. The below counties require a wet signature, under penalty of perjury, on their county SB 2 exemption cover page:
- San Benito
- San Luis Obispo
II. Monterey County has a new Cover Page you can download below. However, in speaking with the Monterey Recorder’s Office they advised that their plan is to phase this cover sheet out and require exemption notifications to be stamped on the document itself.
DOWNLOAD SB2 Monterey Cover Page
III. Riverside County has a specific cover page when an exemption applies you can download below. You can also stamp the document with the exemption near the title of the document. In speaking with the Riverside County Recorder’s Office, they said stamps in the body of documents have proven difficult to always find.
DOWNLOAD SB2 Riverside Cover Page
IV. Los Angeles County has approved the linked Cover Page below that you can download. Further, the LA County Recorder informs that this cover page is NOT to be used with the Documentary Transfer Tax Declaration.
DOWNLOAD SB2 LA County Approved Cover Page
If you have more questions regarding SB 2 and its implementation, or need assistance recording county documents, First Corporate Solutions can help you. Contact us today and speak with one of our experts.