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Connect With DocMagic!

Connect with DocMagic and enjoy the view of the Pacific Ocean at the Western Secondary Market Conference!

August 11-13 | Palos Verdes, CA

Be sure to catch Leah Sommerville, Director of Sales, on the panel for Margin Killers on Tuesday, August 12th at 2:15 pm PT.

 

 

Georgia HB 586 Amends Intangible Recording Tax Law

Georgia recently passed House Bill 586 (H.B. 586) to amend definitions under Georgia Annotated Code, Title 48, Chapter 6, Article 3, relating to intangible recording tax. In Georgia, an intangible recording tax is an excise tax collected on “long-term notes secured by real estate.”  The tax is collected by the Clerk of the Superior Court at the time the security instrument is recorded.

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