(Nov. 20, 2008) – Paperless recording of mortgages, deeds
and other documents may be a rarity in Indiana, but it is
proving to be popular in Allen County.
On Thursday (Nov. 20, 2008), the Allen County Recorder’s Office
received its 1,000 “e-recording,” a milestone achieved less than
eight months after launching its online recording service.
Electronic recording was launched in Allen County on March 24,
2008.
Allen
County was the first county in Indiana to begin offering
electronic recording and it is so far the only county in the
state to offer the service. Electronic recordings can be
submitted 24 hours a day, 7 days a week, although processing
occurs only during business hours.
“In just a few months, e-recording has transformed from an
experiment into a routine way for our customers to do business,”
said Allen County Recorder John McGauley. “Businesses forced to
do more with less in tough economic times will find e-recording
to be a very useful tool.”
In Allen County, electronic recording is estimated to save an
average of three minutes per document in processing and handling
time, amounting to 50 hours of time saved since the service
began. E-recording has resulted in the automatic payment of
more than $20,600 in fees that otherwise would have been handled
in the office through manual transactions.
Electronic recording saves significant time and labor in the
recording process, both on the part of the customer submitting
the document and in the Recorder’s Office. The customer avoids
a trip downtown, a wait in line and the chance of having to go
back and repeat the process if something substantial is missing
from the document or incorrect. The Recorder’s Office avoids
handling and tracking of the paper document, initial data entry
and scanning to produce a digital image.
The potential time commitment involved in manually recording
documents grows if the transaction is done by mail, which is the
case for many large mortgage and out-of-town law firms, title
companies and others. Errors or omissions can result in delays
of days or longer in recording.