Attorney General Opinion No. 1976-037
Author | : Curt Thomas Schneider |
Publisher | : |
Total Pages | : 2 |
Release | : 1976 |
ISBN-10 | : OCLC:945631460 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Attorney General Opinion No. 1976-037 written by Curt Thomas Schneider and published by . This book was released on 1976 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where an instrument, which would assign all right, title and interest in an agreement for sale and purchase of real estate as collateral security for an indebtedness now due and for future advances, is offered to the Register of Deeds for recording, it is incumbent upon the Register of Deeds to require evidence to be produced as to 1) the contents of the agreement for sale and purchase, and 2) the contents of the agreement for additional indebtedness and future advances. K.S.A. 1975 Supp. 79-3102 requires the Register of Deeds to charge a registration fee, based on the amount of principal debt or obligation secured. To do this, she must be presented with all instruments incorporated by reference and which establish that debt or obligation. Further, if a registration fee has been paid on any portion of the debt previously, proper allowance must be made.