1. I understand that the cost to draft and record a deed is $300.00, which I agree to pay by credit card or check to Sherman & Phalen, LLC.
2. Prepaid legal plan members will only be required to pay $30 for recording.
3. I understand that the deed must be signed in front of both a witness and a notary (two different people), and that the original signed deed must be returned to Sherman & Phalen, LLC for recording.
4. I have not listed any minors as persons to be listed on the deed.
5. I understand that if I later change the transferee to an LLC, trust, or other entity, the transfer may be reportable under FinCEN’s Residential Real Estate Rule. If the transfer becomes reportable, a mandatory filing is required. Sherman & Phalen, LLC will not prepare or record the deed until all required information has been provided. If the transaction becomes reportable, I agree to pay a $250 FinCEN Compliance Fee to Sherman & Phalen, LLC.