Deposit Numbers Deed For Free

Deposit insurance is one of the significant benefits of having an account at an FDIC-insured bank?it's how the FDIC protects your money in the unlikely event of a bank failure. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.

For any deposit over $100, banks must keep records for at least five years. Banks may retain these records for longer periods if they choose to do so.

Realty Transfer Tax The Commonwealth of Pennsylvania collects 1% while the City of Philadelphia collects 3.278% for a total of 4.278%. Luckily, it is customary (but not legally required) for the buyer and seller to split the transfer taxes evenly. In most cases, the buyer will pay 2.139% and the seller will pay 2.139%.

Some examples of FDIC ownership categories, include single accounts, certain retirement accounts, employee benefit plan accounts, joint accounts, trust accounts, business accounts as well as government accounts. Q: Can I have more than $250,000 of deposit insurance coverage at one FDIC-insured bank?

The period requiring record documentation could go back many years, and banks typically only retain records for seven years (as little as two years for certain items). Any fiduciary matter, i.e., situations in which someone was entrusted with the custody and care of funds for someone else.

8. How long does it take to get documents back? The Recorder's Office will return original documents, in most cases, to the party which presented them for recording. Usually, it takes about one to two days to return documents.

Philadelphia and Montgomery County, PA accept electronic recording. Documents submitted for electronic recording are typically received back recorded within 1-2 days after submission. Counties that do not record electronically, such as Delaware and Chester County, PA, take 3-4 weeks to return recorded documents.