The acquisition and maintenance of resident and out-of-state title agency licenses can be a confusing and arduous task. Notwithstanding the attempt by the National Association of Insurance Commissioners (NAIC) to centralize and unify the nationwide title agency licensing process, each state has its own peculiar rules, regulations and customs. Furthermore, with the advent of the internet and the centralization of processing, it has basically become a necessity to be licensed in as many states as possible. Having many state licenses means capitalizing on opportunities with regional or national lenders.
Of course, this is easier said than done. Fifty jurisdictions mean fifty different sets of rules, regulations, and requirements, which are fraught with pitfalls and always subject to change. Most title agencies need to consult with a title agency licensing expert who can provide them with advice on licensing strategically.
In The Title Agent Licensing Manual by the Mandrien Consulting Group, noted experts in the field of title insurance licensing and procedure will provide you with all the tools for planning and executing a comprehensive multi – state title agency licensing strategy.
The book clearly explains title agency licensing fundamentals, while correcting many common misconceptions. If you are new to the title industry, you’ll get a complete and thorough title insurance licensing education, as well as an array of effective tactics, from basic procedure to advanced strategies.
Seasoned title agent professionals will find this book useful as a complete reference to title agency licensing best practices.
- Explore the history of title insurance licensing and how the national licensing databases work.
- Learn the steps you will need to prepare for, execute, and acquire multi-state title agent licenses.
- Examine each state’s rules on basic qualification, naming conventions, title plant requirements, license renewal terms, controlled business considerations, self-reporting violations, escrow requirements, auditing and much more!
- Quick reference title agency licensing spreadsheets for each state outlining all licensing requirements for “on the spot” quick reference.