Wire Fraud continues to plague the real estate industry regardless of the numerous news articles published warning buyers and the educational materials advising professionals to establish preventative measures. Here are some real stories of people who became victims of real estate wire fraud.
After receiving a payoff, a mortgage company is required to cancel it from record; however, if mortgage company doesn’t complete their duty and a mortgage remains on record 30 days after satisfaction, there is an alternative method of discharging a residential mortgage.
Single Tax Parcel: ALTA 18-06 available for owner's and loan policies. This endorsement provides coverage in the event that the land described in Schedule A... Multiple Tax Parcel: ALTA 18.1-06 available for owner's and loan policies. Similar coverage afforded under the 18-06...
Some examples of fitness industry IoT devices include wearable devices, internet-connected cardio machines, and even virtual reality headsets. According to a Statista report, the number of connected wearable devices increased from 326 million in 2016 to 722 million in 2019.
As of March 2022, the State of New Jersey updated the RTF-1 & RTF-1EE Forms, otherwise know as the Affidavit of Consideration for Use by Seller and the Affidavit of Consideration for Use by Buyer. As stated in both new forms, transfers of real property that are intercompany transfers betwee...
This endorsement is available only for loan policies that cover residential property. The endorsement insures against loss or damage resulting from the failure of the priority of the insured mortgage over any environmental protection lien which has been duly and properly reco...
The Internet of Things (IoT) is a term encompassing everything connected to the internet, but increasingly defines objects that connect with each other. Basically, an IoT device is any device with an on/off switch that is connected to the internet, or to another device using the i...
