Wednesday, January 28, 2009

query: can a title insurer refuse to issue policy after commitment

I say yes. What do you think?

query: can a title insurer refuse to issue policy after commitment

I say yes. What do you think?

Thursday, January 22, 2009

A very large real estate brokerage is burying language

in the sales agreements of transactions in which they have the listing directing the title insurance order to their affiliated title agency.  There is no simple waiver or acceptance for this paragraph, it's just sitting in the middle of a bunch of boilerplate stuff the buyer and the selling agent skip.I ran into this the other day on a cash transaction.  I have three title transactions in process

A very large real estate brokerage is burying language

in the sales agreements of transactions in which they have the listing directing the title insurance order to their affiliated title agency.  There is no simple waiver or acceptance for this paragraph, it's just sitting in the middle of a bunch of boilerplate stuff the buyer and the selling agent skip.I ran into this the other day on a cash transaction.  I have three title transactions in process

Tuesday, January 13, 2009

RESPA violation? What do you think?

We've got a regional law office soliciting business from mortgage lenders by offering to perform telemarketing on their existing customer base. The deal is that they solicit refinance applications for the lender in exchange for the guarantee of the title order.Is this a RESPA violation? I think so. What do you think?Interestingly, we had a closing the other day in which the seller had been

RESPA violation? What do you think?

We've got a regional law office soliciting business from mortgage lenders by offering to perform telemarketing on their existing customer base. The deal is that they solicit refinance applications for the lender in exchange for the guarantee of the title order.Is this a RESPA violation? I think so. What do you think?Interestingly, we had a closing the other day in which the seller had been

Wednesday, January 7, 2009

query: How can I check to see if my tax inheritance payment has been recorded for the title to my property.

If you properly file an inheritance tax return and clearly identify the real estate in the inventory of assets, that will suffice.  The title insurer will check the Register of Wills office for the return  and payment receipt records to evidence the payment and claer title.