Escrow officers and assistants need to be aware that entities can lose their ability to deed out or receive and hold title to property, and some entities were never properly formed.
This webinar explores and sets out the prerequisites to insuring conveyances and mortgages out of existing entities, and the requirements to make certain that the entity receiving the title is insurable. Methods of vetting and verifying that an entity is legally empowered to complete a transaction will be set out in plain, understandable language.
Takeaways from this webinar include the following:
*Which entities can hold insurable title
*DBAs, sole proprietorships, and differences in types of entities
*How entities are formed
*Revoking and restoring privileges and rights to do business
*Different requirements for Texas entities and “foreign” entities
*How to verify that the correct representative is signing and binding the entity
(including House Bill 1833, declaration of authority, and new statutes for 2020)
*Differences in title company requirements related to governmental entities, private entities, associations and churches
Presenters: Richard Melamed, Attorney, Interamerica Title Group, LLC
1.0 Escrow Credit (expires 9/23/21)
1.0 MCLE Credit (expires 11/05/20)
For those with some experience on the topic and/or the title industry. May include real-world application and/or specific and detailed information
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