Mind the Gap

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Mind the Gap. Min Minnesota Land Title Association April 8, 2008 Land Title April April 8, 2008. Mind The Gap. Mind The Gap. Mind The Gap. Mind The Gap. Mind The Gap. Mind the Gap Minnesota Closing. Mind the Gap. Mind the Gap Submit Document(s) To The County for e -Recording. - PowerPoint PPT Presentation

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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

Mind The Gap

Mind The Gap

Mind The Gap

Mind the GapMinnesota Closing

Mind the Gap

Mind the GapSubmit Document(s) To

The County for e-Recording

Mind the GapCounty Receives the Document to be e-

Recorded

Mind the Gap

Mind the Gap

Mind the GapDocument Receipt and Endorsed

Document are Returned to Submitter

Mind the Gap

Mind the Gap

Mind the GapPaper Versus Electronic

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

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

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

Will you be ready when

this happens again?

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

e-Record Team

IT Staff Office Staff

Involved in the Recording Process

Management Legal

Counsel/Staff County Target

Staff

Workflow: Sample Diagram

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

Mind the GapStatement of Commitment

and Payment Method

Commitment between County and Trusted Submitter Defines Parties and Terms Commitments,

Expectations, Communications

MN StandardsDetermine Payment Method

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

Mind the Gap

• Future PlansSix PackCertificate of Real Estate

Value (CRV)Deed (Transfer Document)Well CertificateMortgageAssignment of MortgageSatisfaction of Mortgage

Mind The Gap

Resourcewww.sos.state.mn.

us

Questions?