7d5fb264d0d72464c4d3343744d0400e.ppt
- Количество слайдов: 9
Electronic Document Submission Tool Hennepin County & West Central Indexing
Overview • Advantages to County to Record Documents Electronically • Experience to Date • Way to Get More Submitters • Current Methods to Submit documents Electronically • Submission Tool by WCI
Advantages to County to Record Documents Electronically • Nine People Touch Document To Record In The Paper World - Taking 14 Days To Process • One Person Can Process Full Transaction In Electronic World Taking From 1 To 60 Minutes • Same Day Service Becomes Possible
Experience to Date • Hennepin One Of 5 Pilot Counties • Accepting Following Documents: − Satisfactions Of Mortgages − Certificates Of Release − Assignments • Working on Mortgage Schema • Others • Way to Get More Submitters
Current Methods to Submit documents Electronically • Use US Recording’s System • Buy Trimin System • Buy Fidlar System • Build your own System • Or Free System − http: //dev. westcentralindexing. com/ Erer. Sub 2/
Tools Features & Benefits • This system is built with three core technical principals − Use the Minnesota Electronic Real Estate Recording Schema as the base of data input and output − Use the Minnesota proposed communications standard for submission communications − Use the Minnesota Universal Convayencing Blanks as the template for rendering the documents • This system can be modified when the Minnesota Standard changes • This system will allow for submission to all Minnesota Counties that accept electronic documents for recording
Applications • This system is intended to be used by: − Attorney’s who do low volume document recording − Local banks − Local title plantclosing companies
Specifications • The system has the following components: − − − − User authentication Document type selection Document data entry Document rendering – Pre-submission Document Submission Document status and retrieval Document rendering – Post-submission • The system will not allow the general public to use the system. Users must have previously setup a trust account at the counties they to wish they want to submit electronic documents • The system does not require the user to have a signing certificate at this time – Because the MN ERER Standard allows for basic text signatures, the only party that is required to posses a digital certificate is the party that is submitting the document, that would be the hosting company of this system (This may change
Cost to Submitter • The system as it is designed today does not require any additional fee’s beyond the normal document recording fees • When signing certificates are required, the cost can range from $0 to $500. 00 per year • There is a proposed version of this system that will allow the submission of document packages as well as: − Pre-filling document recording information from the users own database systems − Adding business workflow procedures to the submission process − And more…. − Pricing is as yet undetermined for the enhanced version. Initial thoughts are between $1. 00 and $3. 00 per document • Availability - Testing for this system in Hennepin, Roseau and Wilkin Counties is scheduled for June of 2006 with Go -Live as soon as testing is validated with both Counties Electronic Real Estate Recording Systems
7d5fb264d0d72464c4d3343744d0400e.ppt