Title
Amending Chapter 2-200 of The Philadelphia Code, entitled "Recording of Deeds," by modifying the requirements for the recording of deeds, providing for certain fees and making certain technical changes, all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 2-200 of The Philadelphia Code is hereby amended to read as follows:
CHAPTER 2-200. RECORDING OF DEEDS.
§ 2-201. Definitions.
* * *
(8) Title insurance. As defined in 40 P.S. § 910-1.
[(8)] (9) Title insurance company. As defined in 40 P.S. § 910-1.
[(9)] (10) Title to real estate. As defined in Section 19-1402 of this Code.
§ 2-202. Requirements. The requirements of this Section are in addition to any requirements provided by state law, local law or regulations promulgated by the Department.
(1) Upon presentation of a deed for recording, the Department shall perform a records check to determine whether the named grantor on the deed matches the record owner of the real estate identified therein, except in the following cases where the grantor may be a person other than the record owner:
(a) Any deed where the real estate described therein is part of a decedent's estate;
(b) Any deed where the grantor has been issued power of attorney by the record owner; or
(c) Any deed where the grantor is a trustee.
In the event that there is no match, the Department shall not record the deed. [and to refer the matter to such other governmental agency as may be appropriate if] If the Department determines that the circumstances suggest the possibility that a fraud may have occurred, it shall refer the matter to the appropriate governmental agency.
(2) The following deeds shall not be recorded unless they are accompanied by additional documentation, as set forth below:
(a) Where the real estate identified in the deed is part of a decedent's estate, letters testamentary or let...
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