1	Property Records Industry Association NACRC Chicago, IL August 5, 2006
2	Provides an opportunity to develop standards and create alliances.
3	PRIA PRIJTF created in 1998 (out of NACRC and IACREOT joint sponsorship) PRIJTF converted to the Property Records Industry Association (PRIA) in July 2002 As a 501(c)(6) Not-for-Profit Corporation A Public/Private Partnership PRIA is a standard-setting organization
4	PRIA Accomplishments & Projects in the Works Recorders Guide to Revised Article 9 (Complete) Real Estate Paper Document Formatting White Paper (C) Indexing Standards White Paper (C) Essential Notary Standards White Paper (C) Uniform Real Property Electronic Recording Act (C) URPERA iGuide (C) Mortgage Satisfaction Act (C) Records Access Policy Committee (C) Military Discharge (DD-214) (C) Privacy and Public Access: Practical Policy White Paper (C) Privacy Access Model Legislation (C) First Page Indexing Requirements (Active) Archival, Backup and Disaster Recovery Workgroup (A) Property Education Partners Project (PREP) (A)
5	eRecording Standards PRIA creates the eRecording Standards In alliance with the Mortgage Industry Standards Maintenance Organization (MISMO) We also network with others…
6	Highlights of this past year… Technology: Finalized the PRIA/MISMO alliance Re-started the XML bi-weekly calls Set-up PRIA usage of MISMO infrastructure Listservs & Sharepoint Version 2.4 DTDs reviewed and published (Document, Notary, Request and Response)
7	Technology Continued… Compliance program discussed & deferred Developed Technology 101 Curriculum Organized the Security Work Group Established the PRIA/ALTA ListServ Developed and maintain on-going list of eRecording counties (now at 100 confirmed) Continuing work on the Implementation Guide Initiated work on migration from DTD to Schema Attended MISMO meetings
8	PRIA Works… Participated in over 22 national meetings, conferences, etc. Completed the URPERA iGuide Adopted the Privacy and Public Land Records: Making Practical Policy Whitepaper Adopted Model Privacy Legislation Adopted the 1^st Page Indexing Document/authorized a pilot program Created a Marketing Oversight Committee Prepared the PRIA Business Plan Re-built and re-tooled the PRIA web site Increased/Improved PRIA financial position Adopted changes to Bylaws and Operating Rules
9	PRIA Works… Implemented Phase 2 of the Strategic Plan Developed a Volunteer Leadership Training Program Improved the PRIA newsletter Revamped “In Touch,” the electronic bi-weekly PRIA newsletter Put on 2 Conferences and 1 Fall Board Meeting Started PREP Chapters in 9 States 6 more states in the works Developed comprehensive PREP Packets PREP Website PREP STARS Program Created a PREP National Steering Committee
10	The Next Year… Add 10 more PREP states Urge adoption of Privacy Access Model Legislation Expand 1^st Page Indexing Requirements Process Adopt 1^st Segment of Archival, Back-up and Disaster Recovery Whitepaper (microfilm standards) Implement the Marketing Plan Logo, branding, literature, Private Sector Membership Categories, etc. Tell the good Stories!!!!!!!!!!! Finalize the Business Plan
11	The Next Year… Complete the transition from a DTD to a Schema Complete the eRecording iGuide Define a PRIA eRecording Compliance Program Implement the PRIA XML State Extension Process Enter Phase 3 of the Strategic Plan Launch the PRIA Grant Writing/Application Program Implement a leadership transition plan
12	The Next Year… Increase revenue Membership, Newsletter and Web Site Ad Revenue Conference Sponsorships Slight increase in Conference Registration Fees Technology Fund Contributions
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15	Role of the PREP You own it… PRIA provides assistance Industry Partnership that works together at the local level Provides a framework to network, collaborate, & exchange information with the end goal of making the industry a better place
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17	PREP in the Works Michigan Nebraska Nevada New York Oregon Texas
18	PREP Success Stories Reduced document rejection rate Reduced phone calls Increase on-line subscribers Developed contact “go to” list Increase awareness & knowledge of industry issues Feedback forum Working together on legislation Provides a mechanism to work with “problem” areas in the local market place
19	Industry Alignment…
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22	Q & A Carol Foglesong on behalf of Property Records Industry Association