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[-] Licensing in Minnesota - Alix Ott/MI (11 replies)
10/8/2015 4:40:29 PM (2647 views)
Re: Licensing in Minnesota - Randi Erickson/MN
10/8/2015 6:25:11 PM (3236 views)
Re: Licensing in Minnesota - Alix Ott/MI
10/8/2015 9:27:11 PM (3163 views)
Re: Licensing in Minnesota - Randi Erickson/MN
10/9/2015 6:33:37 AM (3111 views)
Re: Licensing in Minnesota - Jolene Lien/MN
10/19/2015 1:51:55 PM (6159 views)
Re: Licensing in Minnesota - Jolene Crofoot/MN
10/12/2015 9:35:54 AM (2914 views)
Re: Licensing in Minnesota - Alix Ott/MI
10/12/2015 9:58:18 AM (2924 views)
Re: Licensing in Minnesota - Jeanine Johnson/MN
10/12/2015 11:06:30 AM (2985 views)

Hi Alix,  

I teach online Courses for those who take the MN Abstracter License Exam and the MN Closing Agent Exam.  My understanding is anyone who provides information on real estate titles as a professional and for a fee, is required to hold a Minnesota Abstracter License, issued by the MN Department of Commerce. (Licenses are also required for those provide title policies and anyone who signs and notarizes documents pertaining to real estate closings - a MN Closing Agent License.)  The Abstracter License and Closing Agent License are either Individual or Corporate Licenses.  Licenses in MN are important because it has peculiarities with Torrens/ Registered lands/ Certificates of Possessory Title and other quirks.

Jeanne

Here are some excerpts from my online course.

MSA 386.61, Subd. 2. Licensed abstracter. "Licensed abstracter" means any official, person, firm or corporation obtaining licenses pursuant to the terms of sections 386.61 to 386.76; and includes

(1) present duly qualified and acting county recorders not now prohibited by law from making abstracts;

(2) any person, firm or corporation engaged in the business of making abstracts of title and issuing certificates showing ownership of, or interest in, or liens upon any lands in the state of Minnesota, whether registered or not.

MSA 386.62 License

“Sub. 5. Licensed abstracter. "Licensed abstracter" means any official, person, firm, or corporation obtaining licenses pursuant to the terms of Minnesota Statutes 1976, sections 386.61 to 386.76, and includes present, duly qualified and acting county recorders, not now prohibited by law from the business of making abstracts; and any person, firm, or corporation engaged in the business of making abstracts of title and issuing certificates showing ownership of, or interest in, or liens upon any lands in the state of Minnesota, whether registered or not.”

Note: Creation of Registered Property Certificates, Abstracts, Owner and Encumbrance Reports or Property Reports require an Abstractor’s license in MN.

  


 

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Re: Licensing in Minnesota - Alix Ott/MI
10/12/2015 11:57:49 AM (2869 views)
Re: Licensing in Minnesota - Jolene Crofoot/MN
10/12/2015 2:49:24 PM (3013 views)
Re: Licensing in Minnesota - Jeanine Johnson/MN
10/12/2015 3:21:50 PM (3310 views)
Re: Licensing in Minnesota - george Hubka/MI
10/19/2015 9:14:58 PM (3074 views)

[+] Comment on "Altisource Plans Automated Reverse Auctions for Vendors" - Source of Title/OH (4 replies)
10/6/2015 11:49:57 PM (3410 views)

Website outage - Slade Smith/OH
10/6/2015 4:20:52 PM (1873 views)

[+] Title Plant Software - Tanya Stevens/MS (1 reply)
10/6/2015 9:36:14 AM (2631 views)

[+] How to find county lines - Alix Ott/MI (21 replies)
10/4/2015 5:01:23 PM (2813 views)


Real Title Services


POSTING RE: BAD PAYS/ETC - Heidi Gemeling/FL
10/3/2015 7:25:36 PM (2429 views)

[+] SATISFYING A MORTGAGE AND THEN RE-RECORDING IT TO CORRECT - Heidi Gemeling/FL (2 replies)
10/3/2015 6:51:07 PM (2595 views)

[+] Copy fees, etc. - Marian Severance/PA (47 replies)
10/1/2015 8:59:18 PM (3801 views)

[+] CLS Direct, Inc. (aka) - Wayne Brown/VA (5 replies)
9/30/2015 12:37:22 PM (2872 views)

[+] TRID and the encryption issues - Alix Ott/MI (5 replies)
9/30/2015 11:43:00 AM (2611 views)

[+] Atlantic Title Abstract ??? - M Adams/KY (1 reply)
9/29/2015 10:58:04 AM (2534 views)

[+] You Have Got To Be Kidding - Please Read - Kenneth Signor/SC (20 replies)
9/28/2015 7:01:30 PM (4808 views)

[+] Foreclosure on an affordable unit - what a mess - Leigh Attridge/MA (2 replies)
9/28/2015 6:52:04 PM (2473 views)

[+] String Information Services - jess barker/IL (2 replies)
9/28/2015 4:50:09 PM (2822 views)

[+] Capstone Title Services LLC - KAREN ROBERTS/PA (29 replies)
9/28/2015 9:13:34 AM (3685 views)


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