Public trustees are entitled to set fee amounts enumerated in
current law for performing the functions and exercising the powers conferred upon them by statute. The bill doubles each fee to which public trustees are entitled, except for the fees for releasing a deed of trust and for conducting a public foreclosure sale by means of the internet. The bill also creates a new fee that public trustees are entitled to receive in the amount of $300 for performing actions related to processing a foreclosure sale if the holder of a certificate of purchase is not the holder of an evidence of debt. Additionally, the bill requires the executive director of the department of local affairs to adjust each fee amount for inflation every other year.
