(1) The Recorder of Deeds is abolished and no person shall be elected as such officer. Unless the person serving as Recorder of Deeds is appointed Commissioner of Records, that person shall serve as a Deputy Commissioner of Records until the end of the term for which he was elected and shall continue during the remainder of such term to be compensated as provided by law.

(2) All powers and duties previously exercised and performed by the Recorder of Deeds are transferred to the Department of Records.