Effective July 1, 2019, SB 484 becomes law. All Maryland tax liens filed on and after that date will have a 20-year limitation period. The new law is not “retroactive,” so it doesn’t affect Maryland tax liens filed prior to July 1, 2019. However, at least one of our underwriters has approved insuring over any […]
Archive | Title Insurance
Affiliated Business Arrangements #realestate #law
As previously discussed in What Is a Title Company?, title companies serve three roles that are heavily regulated: title insurance agent, escrow agent, and settlement agent. Part of that regulation is the requirement that they remain independent of the other entities in the transaction (i.e., the lender and Realtors). This isn’t a hard-and-fast requirement though. […]
What’s a “Title Company”? #realestate #law #insurance #escrow
I’ve provided an overview of the three functions of a title company over on my blog. https://propertyatty.wordpress.com/2019/05/29/whats-a-title-company-realestate-law-insurance-escrow/ Some people aren’t aware of what a title company is, but they’re quite important to the purchase and refinance of real estate. A title company has three functions, all of which are heavily regulated by state and federal law. […]
