come fly with us. history erer task force formation and work mn electronic recording standards 3...
TRANSCRIPT
![Page 1: Come Fly With Us. History ERER Task Force Formation and Work MN Electronic Recording Standards 3 Document Types Satisfaction Certificate of Release Assignment](https://reader035.vdocuments.site/reader035/viewer/2022062719/56649ec05503460f94bcb3ea/html5/thumbnails/1.jpg)
Come Fly With Us
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HistoryERER Task Force Formation and Work
MN Electronic Recording Standards
3 Document Types Satisfaction Certificate of Release Assignment of Mortgage
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Minnesota Pilot Counties
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Current Efforts
Stakeholders - Title Companies- Banks and Mortgage Companies- Recording Service Providers- County Recorders- County Auditors/Treasurers- County I.T. Staff
Need - Expansion beyond Initial Pilot Counties- Expansion beyond Initial Trusted Submitters
Trusted Submitter Guide and Process- Committee Formation - Work in Progress
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Question?
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With this?
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With this?
![Page 8: Come Fly With Us. History ERER Task Force Formation and Work MN Electronic Recording Standards 3 Document Types Satisfaction Certificate of Release Assignment](https://reader035.vdocuments.site/reader035/viewer/2022062719/56649ec05503460f94bcb3ea/html5/thumbnails/8.jpg)
Why not try this?
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Question?Is Electronic Recording in Minnesota for you?
Do you:
Record a High Volume of Documents?Originate or Execute Documents?Intend to Develop Long Term eRecord Plan?Have Internal I.T. Staff?
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Answer:
Did you say yes to one or more of the preceding questions?
Do we have the ticket for you!
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How to begin• There are just a few
decisions you need to make to begin your flight.
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Pre-flight Check
1. Set up a project plan2. Choose a target county3. Commit to be a Trusted Submitter4. Test5. eRecord!
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Flight PlanA. Form a Flight
Crew
- IT Staff- Office Staff Involved in the Recording Process- Management- Legal Counsel/Staff
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Flight Plan: Review B. It begins with
“IT”• Review MN Schema
Document Types• Review MN
Communication Protocol
• Review Style Sheet
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Flight Plan: Review(Continued)
• Review Company Fleet (Hardware)• Review Flight Instruments (Software
Options)• Review Flight Plans (Document
Processes with Recording Department Staff)
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Flight Plan: Assess
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Flight Plan: Assess (Continued)Software Options
- Internal Development
- Purchase Software Package
- Contract Process Out
Conduct Cost Assessment of each
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Flight Plan: Decide
• Chose your Flight Path!
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Flight Plan (Continued)C. Identify Project Steps
- Check with Legal Counsel- Review Assessments- Develop Workflow Diagrams - Review Current Automated Process- Study Minnesota Schema- Consider Multi-State vs Single State
Submissions- Consider Integration with Back System
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Statement of Commitment
• Commitment between County and Trusted Submitter– Defines Parties and Terms– Commitments,
Expectations, Communications
– MN Standards
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Who are my passengers?
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Who are my passengers?
• Local, State and National– Title Companies – Recording Service Providers– Banks and Mortgage Companies– Attorneys– Realtors
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