Open Forum

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

In Illinois deeds for third parties can only be prepared by attorneys licensed in Illinois. If not, it is considered practicing law without a license and the bar is aggressive in pursuing anyone who is not a licensed Illinois attorney. So if you don't have someone licensed in Illinois stated as the preparing party, be prepared.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

A better point is, that this company is going to provide a deed without title review.  So that means, any conveyance is ripe for missing interests, incorrect legal descriptions, overlaps, easement issues, the list goes on and on.   Preparing deeds isn't that hard, so I'm at a loss to understand why a law firm would outsource this.  I do understand why investors and the general public would buy into this, but I can't tell you the number of errors from deed prep to incorrect notary blocks to legal description errors etc., that I find when searching title in these self-prepared deeds.  In turn that just makes it harder for a closing attorney as they have to 1 ignore incorrect deeds because they only clouded title and they didn't actually transfer anything, or they have to go back and get corrective deeds if they can even find the grantors.   To prepare a deed without chain of title review is just asking for trouble.

Another point is that not a day goes by when there isn't an article about someone stealing someone's property with fraudulent deeds.  If this company prepares a deed used to steal property, what will their culpability be?  Will you ask for proof of identification prior to preparing the deed?  How will you match it up to the grantor to ensure that they actually have an ownership interest?    I agree with you, in that unwinding these mistakes costs a lot more than paying an attorney to draft the deed from the start. 

I know there are companies out there that are willing to provide the deed template for some states, thereby sidestepping any actual accountability, but I have to believe that if this company actually prepares the deed, that might raise some legal issues if things go sideways.

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

A better point is, that this company is going to provide a deed without title review.  So that means, any conveyance is ripe for missing interests, incorrect legal descriptions, overlaps, easement issues, the list goes on and on.   Preparing deeds isn't that hard, so I'm at a loss to understand why a law firm would outsource this.  I do understand why investors and the general public would buy into this, but I can't tell you the number of errors from deed prep to incorrect notary blocks to legal description errors etc., that I find when searching title in these self-prepared deeds.  In turn that just makes it harder for a closing attorney as they have to 1 ignore incorrect deeds because they only clouded title and they didn't actually transfer anything, or they have to go back and get corrective deeds if they can even find the grantors.   To prepare a deed without chain of title review is just asking for trouble.

Another point is that not a day goes by when there isn't an article about someone stealing someone's property with fraudulent deeds.  If this company prepares a deed used to steal property, what will their culpability be?  Will you ask for proof of identification prior to preparing the deed?  How will you match it up to the grantor to ensure that they actually have an ownership interest?    I agree with you, in that unwinding these mistakes costs a lot more than paying an attorney to draft the deed from the start. 

I know there are companies out there that are willing to provide the deed template for some states, thereby sidestepping any actual accountability, but I have to believe that if this company actually prepares the deed, that might raise some legal issues if things go sideways.

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]

I apologize for misunderstanding on my part as to what your business model will be and to who will be allowed to use it.

A better point is, that this company is going to provide a deed without title review.  So that means, any conveyance is ripe for missing interests, incorrect legal descriptions, overlaps, easement issues, the list goes on and on.   Preparing deeds isn't that hard, so I'm at a loss to understand why a law firm would outsource this.  I do understand why investors and the general public would buy into this, but I can't tell you the number of errors from deed prep to incorrect notary blocks to legal description errors etc., that I find when searching title in these self-prepared deeds.  In turn that just makes it harder for a closing attorney as they have to 1 ignore incorrect deeds because they only clouded title and they didn't actually transfer anything, or they have to go back and get corrective deeds if they can even find the grantors.   To prepare a deed without chain of title review is just asking for trouble.

Another point is that not a day goes by when there isn't an article about someone stealing someone's property with fraudulent deeds.  If this company prepares a deed used to steal property, what will their culpability be?  Will you ask for proof of identification prior to preparing the deed?  How will you match it up to the grantor to ensure that they actually have an ownership interest?    I agree with you, in that unwinding these mistakes costs a lot more than paying an attorney to draft the deed from the start. 

I know there are companies out there that are willing to provide the deed template for some states, thereby sidestepping any actual accountability, but I have to believe that if this company actually prepares the deed, that might raise some legal issues if things go sideways.

It's not just clients who may not know what is needed. They may ask their attorneys to prepare certain documents and these attorneys, regretfully, can be the cause of the problem. I had one transaction in which the attorney prepared a Deed to put the property into the clients' Trust. Simple, right?  However, he did not do his due diligence and missed the ownership interest that the clients' daughter had. The clients' did not know better and when the property sold, the insuring Title Company did not pick up the missed interest either! 20 years later it took a notification from the Tax Assessor's office that the present owner only owned 2/3rds of the property to bring the problem to light. What a mess! We were grateful the ownership correction deed was resolved but the present owner is still dealing with tax reassessment issues.     

I'm with you, Dee. The verbiage on Deeds is critical and state-specific, and "what you don't know" can hurt you (and your clients). Is it a Grant Deed? Is it a Warranty Deed?   In California, seller carry-back Notes and Trust Deeds have been "out of vogue" for decades and it's only old-timers like me who remember the rules. Recently, I've seen some prepared by document services (to be fair, not Ingress Inc.) that would never be enforceable in the event of a foreclosure. Documents not of "even date." Late charge verbiage on the Trust Deed (why??) and NOT on the Note. No verbiage referencing that it's purchase money. No vesting for the beneficiary on the TD. One Note didn't even name the Trustee or reference the property address.   And then there are the questions of usurious interest rates and late charges exceeding what's allowed. It's not all "whatever the customer wants." 

I can see where this could become problematic due to the lack of knowledge by the client.  Also, since they are not providing legal advice, makes it even worse.  Most clients have no idea what the elements of a Deed are, not the reason and importance of certain verbiage or the lack thereof.  I have had situations which had to end up in Quiet Title Action due to someone or person themselves, preparing a Deed.

Very insightful!!!

 

Arthur Schwartz

Actuary

Actuarial Services / Financial Solvency Division

Louisiana Department of Insurance

1702 N. Third St (70802)

P. O. Box 94214, Baton Rouge, LA 70804-9214

P:225-342-7639

[email protected] | https://ldi.la.gov

 

 

CONFIDENTIALITY NOTICE: This message and any attachments are intended only for the use of the addressee. The message may contain confidential, proprietary, privileged, and/or private information exempt from disclosure under federal and/or state law. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any disclosure, reproduction, distribution, or other use of this message or any attachments is prohibited. If you are not the addressee, please promptly delete this message and notify the sender of the delivery error by reply e-mail.

 

 

Please just don't offer this to the public as a service.  Folks drafting their own deeds, even from forms, is like the dentist loaning out their office or tools for folks to treat themselves.  It will save the patient money if it works, but it is more likely to go horribly wrong.  I have seen it MANY times, sometimes to consequences that are nearly impossible to remedy in the event that the original parties are deceased or unavailable.

Dear Title Industry Professionals,

We've developed a real estate deed preparation platform for U.S. Real Estate Attorneys, Title Companies, and Mortgage Lenders. This platform facilitates custom deed and document preparation, with a white-label solution option for client offerings.

As we prepare for launch, we're seeking your insights on compliance challenges in deed preparation:

1. What are the most complex compliance requirements in your state for real estate document preparation?

2. How do you manage multi-state transaction compliance?

3. What tools do you use to stay updated on changing requirements?

4. What common compliance pitfalls do you encounter, and how do you address them?

Your expertise will help us refine our platform to better serve the industry's needs.

Thank you for your valuable input,

S. Alwar

Ingress inc.

Wilmington, DE.

[email protected]