BILL ANALYSIS                                                                                                                                                                                                    �




                     SENATE GOVERNANCE & FINANCE COMMITTEE
                            Senator Lois Wolk, Chair
          

          BILL NO:  SB 827                      HEARING:  3/19/14
          AUTHOR:  Liu                          FISCAL:  No
          VERSION:  1/6/14                      TAX LEVY:  No
          CONSULTANT:  Weinberger               

                   LOS ANGELES COUNTY NOTICES OF RECORDATION
          

          Extends, until January 1, 2020, the date on which statutes  
          allowing Los Angeles County to charge fees and mail notices  
          related to recorded real estate documents will be repealed.


                           Background and Existing Law  

          State law generally provides that any instrument or  
          judgment affecting the title to or possession of real  
          property may be recorded at a county recorder's office.   
          Recordable instruments include: 
                 Various types of deeds, which are used to transfer  
               or convey title to real property;
                 Notices of default, which must be recorded to  
               initiate foreclosure proceedings; and,
                 Notices of sale, which must be recorded before real  
               property can be sold through the foreclosure process.

          Before 2012, state law allowed the Los Angeles County  
          Recorder, if authorized by the Board of Supervisors, to  
          mail a notice within 30 days after recording a deed,  
          quitclaim deed, or deed of trust to the party or parties  
          executing the document (SB 1631, Watson, 1996).  The  
          Recorder could impose specified conditions on the  
          recordation of a deed, quitclaim deed, or deed of trust.   
          The Recorder's failure to provide the notice did not result  
          in any liability against the Recorder or the County.  State  
          law specified the manner in which the Recorder could  
          contract for the processing or the mailing of the notice,  
          or both.  The Recorder could collect a fee from a  
          non-governmental party filing a deed, quitclaim deed, or  
          deed of trust.  The fee could not exceed the cost of  
          mailing the notice, not to exceed seven dollars.  The  
          Legislature enacted this notice and fee authority to combat  
          real estate fraud by informing Los Angeles County property  
          owners and residents about recently recorded real estate  




          SB 827 -- 1/6/14 -- Page 2



          instruments that could affect their property interests.

          To combat fraud targeting owners of distressed properties  
          and to provide property owners and residents with  
          information about avoiding foreclosure, the Legislature  
          recently expanded Los Angeles County's notice and fee  
          authority (SB 62, Liu, 2011).  SB 62 allowed the Recorder,  
          if authorized by the Board of Supervisors, to mail a notice  
          within a specified period of time after recording a notice  
          of default or notice of sale to any party subject to the  
          notice of default or notice of sale.  SB 62 allowed the  
          Recorder to collect a fee from a party filing a notice of  
          default or notice of sale.  The bill required that the  
          amount of the fee the Recorder collects from a party filing  
          a deed, quitclaim deed, deed of trust, notice of default,  
          or notice of sale cannot exceed the cost of mailing the  
          notice and the actual cost to provide information,  
          counseling, or assistance to a person who receives the  
          notice, not to exceed seven dollars.  The fee amount also  
          can include specified administrative costs, which must not  
          exceed 10% of the total fee collected.  SB 62 required Los  
          Angeles County to submit a report to the Legislature by  
          January 1, 2014 containing specified information about the  
          County's implementation of the bill's provisions.  

          Pursuant to this statutory authority, the County of Los  
          Angeles operates the "Homeowner Notification Program."  The  
          program provides property owners and occupants with mailed  
          copies of documents that have been recorded against  
          properties and provides notices that explain how to report  
          errors or problems with the recorded documents, avoid  
          falling victim to real estate fraud, and get help saving  
          property from foreclosure.  The notice and fee authority  
          enacted by SB 62 will automatically expire on January 1,  
          2015.  Los Angeles County officials want to extend this  
          sunset date until 2020.


                                   Proposed Law  

          Senate Bill 827 extends, until January 1, 2020, the date on  
          which Los Angeles County's statutory authority to charge  
          fees and mail notices related to specified recorded real  
          estate documents will be repealed.  SB 827 also extends,  
          until January 1, 2019, the date by which Los Angeles County  
          must submit a report to the Legislature containing, but not  





          SB 827 -- 1/6/14 -- Page 3



          limited to, the following information:
                 A copy of each type of notice mailed parties  
               subject to a notice of default or notice of sale.
                 The number of filed notices of default and notices  
               of sale for which a fee was collected.
                 The amount of the fees collected for the filing of  
               notices of default and notices of sale.
                 The amount of fees spent to provide housing  
               information, counseling, and assistance, as described  
               in state law.


                               State Revenue Impact
           
          No estimate.


                                     Comments  

          1.   Purpose of the bill  .  SB 827 allows Los Angeles County  
          to continue providing assistance to property owners and  
          residents who are at risk of becoming victims of real  
          estate fraud.  The County's long-standing program notifying  
          property owners when deeds are recorded against their  
          properties generates approximately 10,000 annual calls from  
          homeowners which lead to more than 500 fraud  
          investigations.  Last year, approximately 700,000  
          notifications were mailed to property owners.  The County  
          is just beginning to implement the enhanced notice  
          provisions enacted by the 2011 Liu bill, which will allow  
          it to provide more property owners and residents with  
          information about fraud targeting distressed and foreclosed  
          properties and resources for avoiding foreclosure.  The  
          County estimates that it could help lenders and homeowners  
          avoid 600 foreclosures in 2014, potentially saving lenders  
          $30,000,000.  SB 827 gives Los Angeles County more time to  
          implement the expanded notification program that will  
          protect homeowners and residents throughout the county. 

          2.   Better data  .  Because the County did not begin  
          implementing SB 62's provisions until late last year, the  
          County had no data to include in the report it submitted to  
          the Legislature by January 1, 2014.  It is unclear whether  
          the data that SB 827 requires the county to report by  
          January 1, 2019 will be of much value to legislators  
          seeking to evaluate the county's homeowner notification  





          SB 827 -- 1/6/14 -- Page 4



          program.  Tracking the number of notices mailed and the  
          amount of fee revenues collected and spent does not  
          directly indicate whether the program is fulfilling its  
          goals.  The Committee may wish to consider amending SB 827  
          to require that the report submitted by 2019 must include:
                 Documented examples showing how the homeowner  
               notification program led to successful investigations  
               of real estate fraud activity, avoided foreclosures,  
               or helped property owners and residents avoid falling  
               victim to real estate fraud. 
                 An evaluation of whether the county's homeowner  
               notification program, in comparison to other available  
               policy tools, is a cost-effective approach to  
               combating real estate fraud and reducing foreclosures.
                 An assessment of how the county's homeowner  
               notification program compares to real estate fraud and  
               foreclosure prevention programs being implemented in  
               at least three other large, urban counties.

          3.   Fee or tax  ?  In the November 2010 election, California  
          voters approved Proposition 26, which amended the  
          California Constitution to expand the definitions of local  
          taxes and tax increases that require voter approval.    
          Under Proposition 26, any levy, charge, or exaction of any  
          kind imposed by a local government is a tax, requiring  
          voter approval, except for:
                 A charge for a benefit or privilege conveyed  
               directly to the payor and not conveyed to those not  
               charged. 
                 A charge for a service or product provided directly  
               to the payor and not provided to those not charged.
                 A fee to cover certain costs of regulation.
                 Entrance fees for state or local property.
                 Fines imposed by a court or a local government.
                 A charge imposed as a condition of property  
               development.
                 Assessments and property related fees governed by  
               Proposition 218.

          It is unclear whether Los Angeles County's fees on recorded  
          real estate documents to fund the homeowner notification  
          program qualify under any of Proposition 26's exceptions.    
          If fee revenue collected from a mortgage lender who files a  
          notice of lien is used to mail a notice and provide  
          counseling services to a homeowner who didn't pay any fee,  
          a narrow reading of Proposition 26 may define that fee as a  





          SB 827 -- 1/6/14 -- Page 5



          "tax."  Under a broader reading of Proposition 26, by  
          helping lenders avoid costs associated with the foreclosure  
          process, Los Angeles County's homeowner notification  
          program may provide a benefit to lenders that is not  
          provided to those who don't pay the fees.

          4.  Double-referral  .  The Senate Rules Committee has ordered  
          a double-referral of SB 827, first to the Senate Governance  
          & Finance Committee which has policy jurisdiction over  
          local government fees, and then to the Senate Judiciary  
          Committee, which has jurisdiction over notice requirements  
          for real estate transactions.


                         Support and Opposition  (3/13/14)

           Support  :  Los Angeles County Board of Supervisors;  Los  
          Angeles County District Attorney's Office;  Los Angeles  
          County Sheriff's Department;  California Rural Legal  
          Assistance Foundation;  Consumer Federation of America;   
          Consumer Federation of California;  Service Employees  
          International Union, California;  Western Center on Law and  
          Poverty.

           Opposition  :  Unknown.