LRS Services

LRS considers itself to be an extension to its client's internal process; a post closing department. Officially, LRS is a third party administrator assisting its clients to accomplish the final task to close a file; we consider ourselves far more than a vendor.

Listed below, is a broad brush overview of standard services provided. LRS will customize its procedures ensuring that the client's expectations are not only met but exceeded. Services provided are but not limited to:

• Nationwide Service - recording in every local, county and state jurisdiction.
• Residential and Commercial recordings
• On-line order tracking, recording information, document images and on demand reporting.
• Walk up Recordings
• Electronic Filing
• Overnight Delivery to recording jurisdiction

Prior to Recording LRS will:

• Review documents prior to delivery to county reducing likelihood of documents rejected for errors such as:
  • Missing or illegible legal descriptions
  • Missing / illegible notary stamp, witnesses, signatures and printed names
  • Missing or incomplete transfer / tax forms

Document delivery to recording jurisdiction

• Variety of document delivery methods to recording jurisdiction or abstractor
  • Standard service: UPS Next Day Air included in pricing
  • Electronic Filing: Documents are scanned and delivered electronically to electronic filing enabled counties, resulting in almost instant document recording information.
  • Walk Up service: By utilizing our nationwide network of abstractors, your document will be "walked" up to the registrar ensuring recording information within 24 hours.
  • All pricing structures include:
    • Overnight delivery to recording jurisdiction or abstractor
    • Electronic Filing
    • 1st class USPS mail return of recorded documents to Lender Recording Services for posting and scanning
    • Overnight delivery of recorded instruments back to client weekly or as directed.

Secure Website Access

• On-line Tracking System provides clients with:
  • 24 hour access 7 days per week
  • Ability to search for your file / record by one or more of the fields listed below:
    • Mortgagee/ Mortgagor / Grantee / Grantor
    • Client Escrow / Order #
    • LRS Order #
    • Property Address
    • City, County, State
    • APN / PPN #
    • UPS Tracking #
  • On demand Reporting
  • Images of recorded documents

Value Added Services

• Provide clients with notification of changes in recording fees, statutory requirements etc.
• Integrated Data Transfer of both recording data and scanned document imaging
• Customized reporting templates to meet a specific need

Special Projects

• Lender Recording Services will provide your office or department with either on-going service as well as high and low volume projects consisting of assignments, releases and satisfactions, memorandum of leases plat maps, UCC's etc.

Pricing

• Based on volume, geographic concentration, and standard delivery vs. walk up service. Note: There is no surcharge for electronic filing if available.