Knowledge is Power.
Liability 101
SKU: L101
Avail: 3 Days
Mfg: Vision Quest Publications
$54.95
Copyright © 1996.
Book Overview
Communication Basics
- Misunderstandings = Errors = Risk = Liability
- Putting it in Writing = Lack of Trust
- Balancing Logic and Intuition
The Importance Of Quality Control
- What is Quality Control?
- Quality Control as Easy as 1-2-3
- The Benefits of Internal Audits
Underwriters And Agents
- The Relationship: Reality vs. Virtual Reality
- Agency Contract
- Insured Closing Protection Letter
- Errors and Omissions Insurance
- Surety and Fidelity Bonds
- Licensed Title Agents: Appointment by Underwriter
RESPA Regulations
- HUD’s Interpretation of the Underwriter/Agent Relationship
- Core Title Agent Services
Title Insurance
- Anatomy of a Title Claim
- Title Searches: Passing on the Liability
- Title Examination
- Determination of Insurability
- Underwriting Guidelines and Legal Bulletins
- Understanding Policy Jacket Provisions
- Title Exceptions: Your Best Friend
Setting Up Shop
- Building a Solid Foundation
- Personnel: Tips on Hiring
- Personnel: Performance Reviews
- Personnel: Disciplinary Action
- Personnel: Tips on Firing
- Employers: Rights and Responsibilities
- Employees: Rights and Responsibilities
Training: You Never Stop Learning
- The Importance of Education
- Policies and Procedures Training
- Federal and State Laws
- Professional Seminars
- New Employees: Basic Training
- Continuing Education
Office Automation
- Buying the Right Hardware
- Buying the Right Software
- Programming Documents
- Escrow Accounting Packages
Marketing
- Training Marketing Personnel
- How to Pay Marketing Personnel
- Never Promise What You Can’t Deliver
- Newsletters and Informational Bulletins
- Marketing Seminars
Lenders And Loan Closing Instructions
- New Lenders
- Loan Closing Instructions
- Document Preparation
- Refinance: Borrower’s Right of Rescission
- Loan Contingencies
Realtors And Sales Contracts
- Understanding the Sales Contract
- Contract Dates and Timelines
- Contract Addenda
- Realtors: Who Works for Whom
- Commissions: Get It In Writing
- Delivery of Title Evidence
- Surveys and Termite Reports
- Settlement/Escrow Services
- Getting the Prior Title Policy
Escrow/Trust Account Liability
- Handling OPM
- Underwriter Premiums
- Receipting in Earnest Money Deposits
- Blank Check Control
- Second Signatory on Disbursement Checks
- Out of Office Closings
- Escrow Balance Sheet
- Collected Funds
- Table Funding
- Interest Bearing Accounts
- Special Interest Bearing Accounts
- Post-Closing Escrow Holdbacks
- Escrow Account Reconciliation
- Commingling of Funds
- Embezzlement (Just Say No!)
Quality Control Limits Liability
- File Control Sheet
- Pre-Closing Checklist
- Closing Checklist
- Post-Closing Checklist
- Two Heads Are Better Than One
Mortgages And Loan Payoffs
- Assumptions
- Purchase Money (Seller Take-Back) Mortgages
- Wrap-Around Mortgages
- Loan Payoffs
- Equity Line Payoffs
- Construction Loan Payoffs
- Partial Releases
- Satisfactions: Generally
- Satisfactions of Judgments
- Satisfactions of Privately-Held Mortgages
HUD-I Settlement Statement
- When is Your Signature Worth $250,000?
- HUD-I: Line Item Instructions
- HUD-I: Source of Funds
- HUD-I: Net Commission
- HUD-I: Net Loan Proceeds
- HUD-I: Related Services Fees
- HUD-I: Title Insurance Premium
- HUD-I: Settlement Agent Certification
- HUD-I: Hidden Costs
The Three P’s Of Execution
- Minding Your P’s and Q’s
- 3-P’s for Corporations
- 3-P’s for Partnerships
- 3-P’s for Trusts
- 3-P’s for Probate
- 3-P’s for Guardianship
- 3-P’s for Powers of Attorney
- 3-P’s for Churches
- Fraud and Forgery Prevention
- Notary Acknowledgments
- Affidavits
- Mailaway Closings
Miscellaneous
- Associations: Right of First Refusal
- Associations: Approval of Purchaser
- Restrictions: Right of Reverter
- Mineral Rights: Release of Right of Entry
- Water Rights
- Taxes: Current Year
- Taxes: Prior Year(s)
- Taxes: Tax Sales and Tax Deeds
- Assessments: Generally
- Assessments: Super-Priority
A Word About Internal Auditing
- Reprint of the Internal Audit Guide
