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[+] Accurate Group - NC - JOSEPH EMERSON/MN (4 replies)
1/6/2010 4:02:36 PM (4554 views)

[+] E & O insurance - Stephen Heidorn/NY (15 replies)
1/6/2010 10:32:28 AM (5432 views)

[+] E-Fax Service OneSuite NONONO! - K Carnation/NJ (15 replies)
1/5/2010 2:33:45 PM (4019 views)

[+] Title Insurance Agent - LAWANDA  MCMILLIAN/AR (1 reply)
1/5/2010 11:42:56 AM (3323 views)

[+] Preferred Choice Title- Cornelius, NC - Jean Allen/NC (4 replies)
1/4/2010 5:49:04 PM (4517 views)


Real Title Services


[+] US Title Corp - Virginia Capps/TN (5 replies)
1/4/2010 4:48:37 PM (3927 views)

[+] The Swiss Example - Kevin Ahern/CT (51 replies)
1/4/2010 9:15:51 AM (3452 views)

[+] Title Stream bankruptcy - Richard Schwartz/MO (6 replies)
1/3/2010 12:58:27 AM (4540 views)

[+] FSE Companies - Richard Schwartz/MO (9 replies)
1/3/2010 12:52:29 AM (4006 views)

I Need Mineral Interest Search Training!!! - Lyndsey Mullins/GA
12/30/2009 5:02:06 PM (3031 views)

[+] NATIONAL REAL ESTATE INFO SVS, PA - researcher ./VA (12 replies)
12/30/2009 4:13:11 PM (3951 views)

[+] Full title search--Canadian style - Monica Froese/ME (5 replies)
12/28/2009 8:41:25 PM (3665 views)

[-] CT Abstractors should ban together.... - JACQUELINE POLVERARI/CT (9 replies)
12/27/2009 7:42:33 PM (3977 views)
Re: CT Abstractors should ban together.... - Kevin Ahern/CT
12/28/2009 8:41:29 AM (3936 views)
CT Abstractors - not my battle, but ... - Bobbi Shorthouse, Notary Public/CT
1/8/2010 8:53:14 AM (3671 views)
Re: CT Abstractors should ban together.... - Kevin Ahern/CT
1/8/2010 10:59:09 AM (3679 views)
Re: CT Abstractors should ban together.... - STEVE MEINECKE/TN
1/9/2010 4:05:38 PM (3698 views)
Re: CT Abstractors should ban together.... - Kevin Ahern/CT
1/10/2010 12:58:44 PM (3605 views)
Re: CT Abstractors should ban together.... - Robert Franco/OH
1/11/2010 11:42:25 AM (3624 views)
Re: CT Abstractors should ban together.... - Kevin Ahern/CT
1/11/2010 2:09:21 PM (3625 views)
Re: CT Abstractors should ban together.... - Robert Franco/OH
1/11/2010 2:28:15 PM (3628 views)

Yes.  There are a handful of states that require licensing, but as far as I can tell it is not really implemented or enforced very well. Most of those statutes were implemented back when abstractors produced real abstracts of title.  They really need to be overhauled to reflect today's reality of title searching.  And, I believe that it should be integrated with the states' title insurance acts.

I agree with you that "the organizational approach leaves the standards within the hands of the organization controlled by the abstractor."  However, there really is no way to get any significant participation. If you can't get substantially all abstractors to join, there will always be cheap, unqualified competition that will undermine the efforts.  The legislative solution should include a board of abstractors comprised mainly of abstractors who would monitor and oversee the licensing.  So, to some extent, abstractors would still decide on the appropriate standards.

There is also no way for the organizational approach to require clients to use member abstractors.  State licensing laws can, and should, also include changes to the title insurance acts requiring the use of only licensed abstractors for title searches that form the foundation for title insurance policies.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: CT Abstractors should ban together.... - William Anderson/CA
1/13/2010 1:09:51 PM (3687 views)

[+] Merry Chrismas to all... - Robert Franco/OH (1 reply)
12/24/2009 3:51:07 PM (3478 views)

[+] Do you think? - Nils Nelson/ME (8 replies)
12/22/2009 10:24:46 PM (3675 views)


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