Title Insurance

Blog tagged as Title Insurance

ALTA 28-06: Easement - Damage or Enforced Removal

This endorsement is available for both owner's and loan policies. It is intended for use on improved commercial or residential property and is not applicable if the property is vacant. It provides coverage for damage to,

12.19.22 04:06 PM - Comment(s)

The History of Title Insurance

By Emily

Prior to title insurance, purchasing real estate was a riskier venture. Buyers assumed the land was free of any title rights, interests, or liens that would interfere with their claim once the transaction was complete. The risk of losing property due to unresolved issues was significant.

12.19.22 03:13 PM - Comment(s)

ALTA 33-06: Disbursement

By Emily

Disbursement: ATLA 33-06 may be issued on residential or commercial property but is only available for Loan Policies...

11.21.22 12:25 PM - Comment(s)

October 26: National Financial Crime Fighters Day

By Emily

National Financial Crime Fighter Day is celebrated on October 26 every year. The objective of the day is to celebrate anti-money laundering professionals and the positive effect their work has on financial institutions in the US.

10.26.22 12:24 PM - Comment(s)

ALTA 17-06: Access and Entry & ALTA 17.1-06:Indirect Access and Entry

By Emily

Access and Entry: ALTA 17-06 provides coverage against loss or damage if the land does not abut ... Indirect Access and Entry: ALTA 18-06: This endorsement applies when the access to the street is via easement...

09.30.22 05:20 PM - Comment(s)

Victims of Real Estate Wire Fraud - Part 2

By Emily

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.

09.30.22 05:04 PM - Comment(s)

RTF-1 & RTF-1EE Revisions

By Emily

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...

07.19.22 04:40 PM - Comment(s)

Clearing Title

By Emily

Written by Paula M. Zwiren, JD, MBA, CTP

One of the most popular questions we're asked is: "How do we clear this exception?" The answer depends on the type of issue the exception presents and if it is from the current owner or from behind the ownership date ...

02.04.20 03:27 PM - Comment(s)

SUCCESSORS & TRANSFEREES ENDORSEMENT

By Emily

This endorsement, when affixed to an owner’s policy, modifies the definition of Insured to include, in specific limited circumstances, transferees under inter vivos or testamentary trusts, and transferees for no or nominal stated consideration.

The charge for the...

01.03.20 03:02 PM - Comment(s)

Victims of Real Estate Wire Fraud

By Emily

7 Victim Stories detailing how cybercriminals have defrauded real estate transactions.

Many cases of real estate wire fraud go unreported in the media and to the FBI. However, the FBI Internet Crime Complaint Center (IC3) reproted 11,300 victims in 2018 leading to $149 m...

01.03.20 02:26 PM - Comment(s)

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Title Insurance

Blog tagged as Title Insurance

ALTA 28-06: Easement - Damage or Enforced Removal

The History of Title Insurance

ALTA 33-06: Disbursement

October 26: National Financial Crime Fighters Day

ALTA 17-06: Access and Entry & ALTA 17.1-06:Indirect Access and Entry

Victims of Real Estate Wire Fraud - Part 2

RTF-1 & RTF-1EE Revisions

Clearing Title

SUCCESSORS & TRANSFEREES ENDORSEMENT

Victims of Real Estate Wire Fraud

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