Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Absolute Property Services - Pamela Knott/VA (36 replies)
5/11/2005 5:35:17 PM (2525 views)

[+] Accelerated Title - Teresa Beeman/NC (12 replies)
5/11/2005 12:24:10 PM (2420 views)

[+] ALL ABSTRACTORS - MARC DAVIS/NY (38 replies)
5/11/2005 11:09:54 AM (2817 views)

Suit Jurisdictional Issues - Lisa Ramsey/TX
5/10/2005 11:00:48 AM (1792 views)

Only a couple of days left... - Jay Duncan/MO
5/9/2005 4:50:35 PM (3145 views)


Real Title Services


[+] Cornerstone and Mr. Sean Deegan - Spencer Kinsey/AR (1 reply)
5/9/2005 11:21:06 AM (2438 views)

[+] Looking for the Good - Kim Haase/MT (1 reply)
5/9/2005 10:51:50 AM (2419 views)

[+] Unfair terms for abstractors ? - george Hubka/MI (7 replies)
5/8/2005 10:38:08 PM (2296 views)

[+] CMS Syracuse NY? - David Nixon/MA (2 replies)
5/7/2005 11:12:27 AM (2431 views)

[+] E Title - Kevin Ahern/CT (6 replies)
5/7/2005 8:25:58 AM (2620 views)

[+] Title Insurance Software - Jason Sheppard/PA (19 replies)
5/6/2005 4:18:13 PM (2512 views)

[+] Georgia Abstractors - Question - Lisa Ramsey/TX (3 replies)
5/6/2005 9:57:16 AM (2276 views)

[-] Quick Question . . . - Michaela Urban/OH (8 replies)
5/6/2005 8:08:22 AM (2322 views)
Re: Quick Question . . . - Lisa Ramsey/TX
5/6/2005 8:53:00 AM (3359 views)
Re: Quick Question . . . - Michaela Urban/OH
5/6/2005 10:03:25 AM (3251 views)
Re: Quick Question . . . - Robert Franco/OH
5/6/2005 10:01:06 AM (3364 views)
Re: Quick Question . . . - Lisa Ramsey/TX
5/6/2005 10:09:39 AM (3296 views)
Re: Quick Question . . . - Jason Sheppard/PA
5/6/2005 5:12:20 PM (3263 views)
Re: Quick Question . . . - Jason Sheppard/PA
5/6/2005 5:03:05 PM (3255 views)
Re: Quick Question . . . - Kevin Ahern/CT
5/6/2005 11:35:16 AM (3345 views)

Michaela

There seem to be two issues here. The first relates to the payment for your title search. The second relates to your performance with respect to the recording.

They should pay you for your title search. Several months have passed since you have completed it. The client has not notified you of any problem, and in fact has apparently issued a title insurance policy on the strength of the search.
Furthermore, they client gave you excuses and the run around for months when you called to make inquiry about payment. That in effect constitutes an admission on their part that your work was acceptable. Unless there is something of which I am not aware, I would say they owe you the fee.

With respect to the recording, we do not have the difference in recording and effective dates in Connecticut that you do in your state. Documents are an effective part of the public record here immediately upon recording. However, if this enters into the issuance of the policy in question, it would seem that your client is responsible for typing the effective date on the policy. If I understand your explanation, you would not have had the effective date at the time you recorded. The effective date would have been issued by the county some time after the document was recorded. It sounds like the client used the recording date rather than the effective date. I am having difficulty understanding what their problem is.

Robert is right. When you issue a title policy you normally wait for the correct effective recording information before issuing the policy. You need to enter this information on the policy. You would also wait for the title update to be completed before issuing the policy to make certain that all the requirements and conditions precedent had been met (releases of financial encumbrances) before issuing the policy. I issue policies for a major insurance carrier here. I had a closing in late September, and could not issue the policy for months after the subject mortgage was recorded because subsequent title updates disclosed that the prior mortgagee failed to release its mortgage until December. Issuance of the policy was conditioned upon release of the prior mortgage after satisfaction.

Whether you were late with the recording and its impact on payment of your fee would depend upon whether there is a time period for recording mandated by law or contractual obligation to your client. If there is none, then you have not violated any legal or contractual requirement, and you should be alright if you recorded within reasonably short time following your receipt of the document. You indicated that you recorded it the next day, which seems to be reasonable.

It sounds like your client is looking for an excuse not to pay you, and that the reason for their failure to make payment lies somewhere other than with your performance. Demand your money. If they tell you that they have suffered some loss as a result of your conduct...demand an accounting for their loss.

By the way, if you did nothing wrong...NEVER apologize. At the very least it could be used as an excuse to withhold your payment, and more significantly it could be used against you as admission of liability in any subsequent law suit.

to post a reply: login - or - register


Re: Quick Question . . . - Michaela Urban/OH
5/6/2005 4:20:39 PM (3207 views)

I Still Cannot Get Over .... - Lisa Ramsey/TX
5/5/2005 11:40:08 PM (1837 views)

[+] Spelling of Abbreviations - Lisa Ramsey/TX (1 reply)
5/5/2005 7:45:33 PM (2226 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8961 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Fannie Mae Drops Minimum Credit Scores
Security American's Blog
2025/11/10
0 comments

Understanding O&E Title Searches
Security American's Blog
2025/10/29
0 comments

AI Powered Title Plant
Michael Gigliotti's Blog
2025/10/23
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

NAR Existing-Home Sales Report Shows 1.2% Increase in October
"Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage ...
Real Estate Firms Cite Housing Affordability and Rising Costs as Biggest Challenges
Real estate firms are bracing for continued challenges related to housing affordability and rising industry costs, accor...
NAHB Offers Lawmakers Recommendations on National E-Verify System
“Approximately 80% of NAHB members have fewer than 10 employees and often lack human resources, legal departments ...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates increased for the third consecutive week, with the 30-year fixed rate inching higher to its highes...
MISMO Calls for Participation in New Initiative to Standardize Title Order Data Exchange
“The Title Order Dataset is a critical next step in strengthening interoperability and efficiency across the mortg...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.