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Rent Board directs staff to craft real‑estate disclosure ordinance and pursue county recording/lien option
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Summary
After staff research and meetings with escrow and title professionals, the board voted to direct staff to draft a proposed real‑estate disclosure ordinance and to pursue recording fees with the county while simultaneously advancing a proposed lien ordinance to ensure Rent Board fees are disclosed at property transfer.
The Rent Board voted to direct staff to craft language for a proposed real‑estate disclosure ordinance and to pursue county recording fees while proceeding with a proposed lien ordinance as an alternative means to ensure Rent Board fees are revealed during property transfers.
Fred Tran summarized staff outreach to escrow and title professionals and said their advice was that title companies are not obligated to disclose Rent Board fees as part of a typical escrow process. Tran said recording fees with the county or placing a lien on property interests are more reliable ways to ensure the fees appear in a title search.
"Recording directly with the county is more likely the best way to proceed," Tran said, describing the administrative work and coordination that recording would require with the county recorder’s office and the city’s lien process. He added that a properly written disclosure ordinance aligned with escrow processes could also be effective if crafted correctly.
Vice Chair Cantor moved the recommended action and Board member Height seconded; Board members Espinosa, Height and Vice Chair Cantor voted yes and the motion passed with Willis and Chair Tipton absent. The board instructed staff to draft ordinance language and to coordinate with county staff on recording and lien procedures for the next steps.
