Sentences with phrase «title insurance companies require»

In addition, title insurance companies require affidavits from sellers associated with construction and mechanics liens.

Not exact matches

The case began several years ago when First Canadian, a title insurance company, sued the Law Society of New Brunswick for amending its professional standards to require a lawyer to be present when property owners swore affidavits for the sale or mortgage of a property.

Guarantee of Title Company, Settlement Agent, Lender Title Insurance charges requires the use of our recommended providers.

However, participation in the rewards program requires that you work with a PenFed - affiliated real estate agent and title insurance company, which may prove difficult for some applicants.

Lenders or title insurance companies often require a survey to mark the boundaries of the property.

Charged by the title company, but your lender requires that you have lenders title insurance on the home.

LandAmerica Financial Group, Inc., representing Fidelity National Financial, Inc. in its contested acquisition of Commonwealth Land Title Insurance Company and Lawyers Title Insurance Corporation, which required approval of the Bankruptcy Court administering the parent holding company, the Nebraska state court administering the rehabilitation cases of the target companies, three state insurance commissioners and the Federal Trade CoInsurance Company and Lawyers Title Insurance Corporation, which required approval of the Bankruptcy Court administering the parent holding company, the Nebraska state court administering the rehabilitation cases of the target companies, three state insurance commissioners and the Federal Trade CommCompany and Lawyers Title Insurance Corporation, which required approval of the Bankruptcy Court administering the parent holding company, the Nebraska state court administering the rehabilitation cases of the target companies, three state insurance commissioners and the Federal Trade CoInsurance Corporation, which required approval of the Bankruptcy Court administering the parent holding company, the Nebraska state court administering the rehabilitation cases of the target companies, three state insurance commissioners and the Federal Trade Commcompany, the Nebraska state court administering the rehabilitation cases of the target companies, three state insurance commissioners and the Federal Trade Coinsurance commissioners and the Federal Trade Commission.

The buyer is protected by (1) the contractual promise of the seller to deliver title in the purchase and sale contract (giving rise to a lawsuit if breached, e.g. requiring disgorgement of any additional profit made in the other transaction), (2) by a warranty of title in the deed provided at closing, (3) by the title company's insurance if the warranty deed is not valid, and (4) by an affidavit saying that the seller didn't do that provided at closing.

The executor can then provide copies of the Grant of Probate to whomever may require it, such as financial institutions, life insurance companies, the Land Titles Office, or the Canada Revenue Agency — and upon doing so the executor can deal with the assets and debts of the deceased person.

It is possible to find insurance companies who do not care about the titling of a vehicle, but most preferred insurance carriers require the named insured to be listed on the title.

Most insurance companies require the person insuring a vehicle to be listed on the title.

If a vehicle has a salvage title, many insurance companies will refuse to insure it (and in the United States, where auto insurance required by law, having insurance is a must).

The bill includes measures to fully fund the nation's family planning program (Title X), expand access to reproductive health care services through Medicaid, require insurance companies to cover birth control if they cover other prescription drugs, protect the ability of rape survivors to access emergency contraception (EC) in the emergency room, improve public awareness about EC, and provide teens with medically accurate, age appropriate sex education.

Things you'll be dealing with and paying for in the final stages of your purchase may include having the home appraised (mortgage companies require this to protect their interest in the house), doing a title search to make sure that no one other than the seller has a claim to the property, obtaining private mortgage insurance or a piggyback loan if your down payment is less than 20 %, and completing mortgage paperwork.

In an effort to combat money laundering in the real estate sector, the Financial Crimes Enforcement Network (FinCEN) at the Treasury Department issued a Geographic Targeting Order (GTO) that will temporarily require certain U.S. title insurance companies to identify the natural persons behind companies used to pay «all cash» for high - end residential real estate in Manhattan and Miami - Dade County.

The use of shell companies by criminals to make all - cash real estate purchases served as the impetus for FinCEN's Geographic Targeting Orders that require certain U.S. title insurance companies to report beneficial ownership information on legal entities used to purchase certain high - end residential real estate.

So, if the seller agrees to pay for both the owner's and lender's title insurance policies, RESPA doesn't consider the seller to be requiring the use of a particular title company.

Section 9 prohibits the seller from requiring that title insurance be purchased from a particular company, but it doesn't prohibit the seller from requiring the use of a particular closing agent (unless that closing agent is owned, in part, by the seller).

Lawrence Scheinert, director of the Office of Special Measures at the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), presented a new program called the Geographic Targeting Order during the REALTORS ® Legislative Meetings & Trade Expo in Washington, D.C.. It's a temporary anti-money laundering program requiring U.S. title insurance companies to report information about «covered transactions» made by what's commonly known as shell companies, Scheinert said at the Business Issues Policy Committee meeting.

Lenders require buyers to have title insurance, but buyers are often not sure who picked the insurance company.

This section states that a seller can not require, as a condition of selling the property, that title insurance be purchased by any particular title company.

Similarly, a federal appeals court recently reviewed the practice of a title insurance company that charged buyers more to record a deed than was required by the recorder's office and retained the difference.

Survey fee: The title insurance company or lender may require a survey of the property.

The new rules will require lenders, title companies, real estate professionals and insurance representatives to all come together sooner in the process to ensure the disclosures do get out in time.

Several settlement agents and a title insurance company indicated that the seller should be able to exercise a waiver; and a trade association representing settlement agents and a community bank recommended that consumers and sellers should be required to execute a waiver to ensure that all parties can consider the effects of and necessity for a waiver.

Various commenters, including attorneys, law firms, title insurance companies, settlement agents and trade associations representing attorneys, settlement agents and the title insurance industry expressed concern that requiring creditor preparation of the Closing Disclosure would conflict with State regulation of closings and the practice of law.

In addition, a title insurance company commenter stated that the description of the excess deposit in proposed comment 38 (k)(2)(ii)-2 would have incorrectly calculated the amount shown as excess deposit because the amount already disbursed to the seller as proposed would not be included in the amount, directly contrary to the regulatory text that requires the reduction of the amount due to the seller by any amount paid to the seller prior to consummation.