July 18, 2012
TDI Agent Stat Data Deadline July 26
TLTA On-Demand Webinar Walks You Through the Process
The completed TDI Agent Statistical Data Report must be postmarked or submitted electronically by July 26, 2012. You may read the bulletin here, and you may download all of the necessary forms from the bottom of the bulletin. TDI has not yet released its call for Underwriter Experience Reports. If you have any questions, please contact Betty Flores at TDI at 512.475.1878.
TLTA recently hosted a webinar to help walk you through the report and provide an overview on how to fill out the interactive PDF forms. You may purchase the On-Demand version of the webinar here.
Revised TREC HOA Addendum Now Required
TLTA On-Demand Webinar Explains the New Forms and Rules
The revised HOA Addendum to the TREC One-to-Four Family Residential Contract is now required for use as of July 1. This revised HOA Addendum addresses the common failure to reimburse title agents ordering subdivision information in transactions that do not close. TLTA supported the inclusion of language in the Addendum stating that the title agent is only authorized to order a Resale Certificate on behalf of a party after they have received the payment for the certificate. The new language also allows for the parties to identify who should pay for a Resale Certificate and any necessary Resale Certificate updates. The form also now reflects the recent statutory change TLTA was instrumental in passing that permits a buyer to obtain a resale certificate directly from a property owners association. View Updated Form >
TLTA recently hosted a webinar to explain the changes in the new form and the best practices for dealing with POA's from the perspective of all parties involved in the transaction. You may purchase an On-Demand version of this webinar here.
Texas Forms Manual: A Guide to Real Estate & Title Documentation
The Texas Forms Manual is a comprehensive manual designed to contain the documents most commonly used to handle real estate transactions in Texas. It includes over 1,100 pages of deeds, notes, liens, releases, agreements, affidavits, TREC forms and much more. No real estate attorney or title company should be without this tool! Call Knowles Publishing at 817.838.0202 to order copies or find out more information.
Senate Primary Candidates Debate in Dallas
Associated Press | July 18, 2012
The Republicans vying to fill Texas' open U.S. Senate seat traded increasingly pointed attacks during a debate Tuesday night, as their already fiercely contested race enters its final two weeks. But the best news of the night for Lt. Gov. David Dewhurst came moments after the debate, when former Dallas Mayor Tom Leppert endorsed him over ex-state Solicitor General Ted Cruz. Leppert finished third behind Dewhurst and Cruz in the Republican primary on May 29, and had refused to back either. Read More >