There has been discussion about a national driver’s license, a national license to practice law, a national database for IRS liens, a national database for all real property liens, and a national registry for all real property records. The Federal Reserve, in its proposal for a national lien registry, says its idea would make locally recorded information [...]
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I’m sure most of you know about the changes to Florida’s power of attorney laws that went into effect on October 1, 2011. Please read CS/SB 670 for all of the changes and exceptions (e.g. powers granted by corporations). While you are reading that bill, I want to point out a few changes [...] Once a year I try to review new state laws that may impact real estate transactions. Before I could get to this task, the Florida Land Title Association sent out several bulletins describing important law changes, doing my job for me! I will summarize a few of these laws, here, but you really need to see [...] A lot of complaints from closers have been coming in about the time it is taking to obtain payoff information, especially from condominium associations. When I contacted some condominium association friends for information, I received a howler! Apparently, it is not the estoppel information that is taking so much time, it is the buyer’s [...] While researching real property bills filed by the Florida legislature this year, one of the bills the computer found was titled Pain Management! HAH! Was this the legislature being sympathetic to real estate folks? Or was it meant for everyone who is dealing with the new HUD-1 form? Too bad it didn’t pass. You [...] Check out the Florida Title Insurance Study Advisory Council’s Final Report at http://www.flgov.com/pdfs/tisac_final_report.pdf |
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