Whose responsibility is it to record the sale/transfer of property?

Question

I purchased a stock coop. apt. in Los Angeles 8 years ago and just found out that the transfer was never recorded. Was the title company supposed to do this?

I have been paying my property taxes thru the HOA.

I do not think that there is a "deed" with a stock coop apartment for each individual apartment.
Each unit has a stock certificate and lease along witha "master" deed for the building in the name of the coop corp.

Answer 1

Actually, the buyer has the ultimate responsibility. The closing agent -- title company or attorney -- normally handles that but you should have been inquiring about it when you didn't get your copy of the recorded deed within a few days of closing.

Answer 2

The title company or lawyer handling the closing generally records the sale with the county. You were probably charged a recording fee at closing. Call the title company that handled the closing and tell them that you just found out the transfer was never recorded. If you still have your settlement papers see if you were charged a recording fee.

Answer 3

Yes, and you are probably covered by title insurance.