Whenever you purchase real estate in Utah, Title Insurance researches historical ownership of the property and assures each previous transaction has been completed without any disputes of ownership. Is that the end of the value offered by title insurance? No. Title insurance claims do still occur even with the modernization of records in courthouses, such…
Read more
Title Insurance Tips
When you buy a property, you receive a title that shows ownership. You want that title to be clear, so you don't have to worry about problems in the future. Unpaid liens, easements and other issues can put a cloud on a title and, in some cases, stop the sale from going through. Even if…
Read more
BEST PRACTICES BLOG # 3
THE SEVEN BEST PRACTICE PILLARS: # 2 Follow us on Twitter: https://twitter.com/metrontitle Procedures and controls for Escrow Trust Accounts allowing for electronic verification of reconciliation. Purpose: Appropriate and effective escrow controls and staff training help title and settlement companies meet client and legal requirements for the safeguarding of client funds. These procedures ensure accuracy and minimize…
Read more
BEST PRACTICES BLOG #2
THE SEVEN BEST PRACTICE PILLARS: #1 Follow us on Twitter: https://twitter.com/metrontitle The policy is to maintain current license(s) as required to conduct the business of title insurance and settlement services. Purpose : To maintain state mandated insurance licenses and corporate registrations, which ensures that the company remains in good standing with the states. 1. Establish and…
Read more
