This legislation requires all deeds under power to be recorded within 90 days of a foreclosure sale or the holder is required to pay a late filing penalty of $500 to the superior court clerk. The clerk remits these fees to counties for properties in the unincorporated areas and to cities for properties therein. All monies collected must be used for code enforcement, public safety, and community development purposes. Cities must pay the county a 5 percent administrative fee for the clerk collecting and remitting this money.