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November 20, 2012

Floyd recorder warns of more misleading land deed mailers

Companies charging exorbitant prices for documents

NEW ALBANY — There have been more complaints recently over property deeds services whose offers are excessively priced and inessential.

Floyd County Recorder Lois Endris said Monday her office has been notified that some property owners locally are still being approached about purchasing a copy of their land deeds for as much as $87 per document.

Not only are property owners not required to obtain the deeds, but if they decide to do so, they can buy the documents for $1 a page in the recorder’s office.

Once filed into the system after a land purchase, property deeds remain stored in the recorder’s office. Endris said property owners aren’t required to obtain a copy of their deeds even if they sell their land.

“They don’t have to have a physical copy of their deed,” she said.

In May, Endris confirmed local land owners had been receiving mailers from a company titled Record Retrieval Department.

The company — which claimed to be based in Indianapolis — inferred in the advertisement that the “State Record Regulation Department” recommends property owners obtain a copy of their current deeds.

The asking price was $87 for the deed, though the mailer also warned there would be an additional $35 charge if the purchase wasn’t made by a specific date.

Endris said such mailers and advertisements often mislead people into believing they must buy a copy of their deed when they do not. There have been reports of a company offering a similar service to the one extended by the Record Retrieval Department, she continued.

“I don’t think it ever ceased,” Endris said.

If you have received a solicitation about purchasing a property deed, you can call the Floyd County Recorder’s office at 812-948-5430 to clarify or report the information.

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