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  • 1.  Title Insurance Disclosure Requirements?

    Posted 03-08-2023 17:23

    Do any in the community work in a state where attorneys are title agents? Do you have any requirements that the attorney give a disclosure about their status as an agent for the sale of the policy in conjunction with issuance of an owner's policy in the course of a residential closing?


    Ruth Dillingham

    Ruth A. Dillingham, Esq. NTP


    Dillingham Law LLC

    PO Box 691

    Barnstable MA 02630

    508 681-5450


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  • 2.  RE: Title Insurance Disclosure Requirements?

    Posted 03-09-2023 07:41
      |   view attached

    Our State requires disclosure.  Attorneys in our state write title insurance and must disclose a financial interest in the "title premium".  I've attached a sample of the 2021 Disclosure provided by ORNT.  Not all our companies provide us with the form but we DO have to have them executed so we modify this one for use with ALL our title companies because it meets the state requirements for disclosure as determined ty the title insurer.

    Donna Matthews
    ResWare Admin
    Blair Cato Pickren Casterline, LLC
    Columbia SC
    +1 (803) 400-8600

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  • 3.  RE: Title Insurance Disclosure Requirements?

    Posted 03-09-2023 08:26

    SC Code §38-75-960(A)(1976) requires that we provide disclosure about the commission received by our agency and the licensed agents for owner's policies.




    Lora Leathco
    Business Real Estate Transactions Paralegal
    PO Box 1473 | Columbia, SC 29202
    1901 Main Street, Suite 1700 | Columbia, SC 29201
    803-227-4322 | Fax 803-400-1452
    vCard | Location


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  • 4.  RE: Title Insurance Disclosure Requirements?

    Posted 03-09-2023 09:38

    Good morning Ruth.

    In IL, attorneys act as the title agent on most buy/sell transactions. The IDFPR, regulatory body for title insurance, promulgated a disclosure form in 1997, the DS-1 form, and the form is supposed to be sent to the parties prior to the title commitment being issued.

    There has been litigation over attempts to revise the DS-1, but the 1997 version is still in use.

    G. Leigh Curry
    Legal Counsel
    Doma Title Insurance, Inc.
    Chicago IL


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  • 5.  RE: Title Insurance Disclosure Requirements?

    Posted 03-09-2023 12:08

    My firm is the issuing agent, so there is no need for an additional disclosure (at least in Florida)

    Geil S. Bilu, Esq
    Law Offices of Geil S. Bilu, PA
    Focused Legal Solutions
    7822 NW 44th Street
    Sunrise, FL 33351
    P: (954) 580-2092
    F:(954) 360-3660

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  • 6.  RE: Title Insurance Disclosure Requirements?

    Posted 03-10-2023 12:54

    Hi Ruth,

    In MD, DC & VA, attorneys must carry a title insurance producer's license, just like anyone else, whether they are issuing the insurance or they are an approved attorney.  All three jurisdictions have a statutory disclosure regarding title insurance and the fact that the title agency is receiving a portion of the premium as compensation for services rendered.  Hope this helps.  Feel free to reach out directly if you need more information.

    Creating a better business experience while turning revenues into profits

    Nancy L. Gusman, Esq.                      
    Brick House Consulting Services, LLC                      
    GusmanLegal, LLC                                         
    Past President, Maryland Land Title Association                                                           
    Certified Land Title Professional (CLTP)                                
    National Title Professional (NTP)                                                           
    11720 Beltsville Drive
    Suite 500
    Beltsville, MD 20705
    Phone: (301)563-9669                                                 
    Fax: (240)559-1430
    Mobile: (240)994-1697

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