Monday, May 06, 2013
An astute blog reader responded by email to my post from Friday on the volume of electronic recordings during the month of April by suggesting I calculate what portion of our overall volume of certain document types was attributable to electronic recording. I did and found the results quite interesting. We track electronic recordings by four categories: discharges, deeds, mortgages and all others. In April 2013, we recorded a total of 1662 discharges of which 895 were recorded electronically - that's 54% of all discharges. A similar percentage resulted with mortgages, as well. In April, we recorded 1290 mortgages of which 707 were recorded electronically - that's 55%. The portion of deeds recorded electronically was less but still more than I expected. Of the 582 deeds recorded at the registry, 149 were recorded electronically - that's 26%. So far this year electronic recording has consistently accounted for 40% of our overall recordings. But that method of recording also accounted for 54% of all discharges and 55% of all mortgages recorded.