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Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

Tips to Choose the Right Title Search Company – Is Title Insurance Always Needed?

Title Related Topics Something

With impacts from COVID-19 changing so many things, you may be relieved to know that there are some things that remain the same. That is the case for certain title searches, depending on what they are intended for. Is an insured title product with a corresponding title policy required for all your title searches? Do you always need to pay for that premium? In today’s litigious society, the answer would seem to be yes. But is that… >> READ MORE


Top Ten Things To Look For In A Title Search Company

Tips, Title Related Topics Something

Creating a title report is a complex and detailed process. It requires experience and industry expertise to craft a comprehensive report that you can trust to assist you in making decisions. Here's a look at the top ten things to consider when you choose a title search company to help you. Reliability Does your search company keep their word? Do you get your reports when promised? Do they have errors & omissions insurance? … >> READ MORE


Leasing Space For Your Business? Be Sure You Do This One Thing!

Title Related Topics Something

You’re going to do it! You’re buying that business, or you’re starting a new one, and you need a location. You do your research, you measure the pros and cons and apply it to your situation, and determine (let’s say) that leasing a space for your business is the way to go. We’ve all heard horrible stories of tenants signing leases they have regretted, perhaps rushing in to something before fully vetting the opportunity. So… >> READ MORE


Uninsured Title Products For Lenders—When Title Insurance Is NOT Needed

Due Diligence, Title Related Topics Something

As a lender, do you always need an insured title product with a corresponding title policy? Do you always need to pay for that premium? The answer is:  it depends. But in which situations might a title policy be unnecessary? Lender title products usually come in three variables, depending on the lender’s risk considerations. An “Update” product, which is just what it sounds like, an update to a previously issued policy… >> READ MORE


Federal Tax Liens Out Of Credit Reports And Related FICO Scores

Due Diligence, Title Related Topics Something

Equifax, Experian and TransUnion , the three major national credit reporting agencies, will implement new standards for their data collection pertaining to public record data, notably regarding federal tax liens and civil judgments. This implementation is set for July 1, 2017. In general, the agencies will no longer collect and utilize public record data unless specific minimum information is present, including social security numbers… >> READ MORE


Real Property Title Searches Defined

Due Diligence, Title Related Topics Something

What is an Owner and Encumbrance Search? What is the difference between an Owner and Encumbrance Search and a Full Title Search? How about a Real Property Asset Search or an Easement/Boundary Dispute Search, what are they? If you’ve ever wondered about any of these questions, read on for Real Property Title Searches Defined. Owner and Encumbrance Search – Title reports which support and limit reported research to current ownership… >> READ MORE


California SB 2 Update On Varying County Requirements

UCC, Legislation, Due Diligence, Title Related Topics Something

As California SB 2 has been rolled out, its implementation has created varying applications county to county. All of you recording documents in California counties are very aware of this new reality. Here’s a quick look at what SB2 is and what it does. To further assist you, below are updates and requests from various County Recorders regarding California SB 2. I. The below counties require a wet signature, under penalty of perjury,… >> READ MORE


Checklist: Choose The Right Title Search Company

Due Diligence, Reduce Financial Risk, Tips, Title Related Topics Something

When you need a title search, there is a checklist of vital questions to consider before choosing a title search company to fulfill your title search need. Title reporting is an intricate and detailed process. To accurately inform your decision making,  experience and expert know-how are required to craft a comprehensive report worthy of your trust. So what should you look for in a Title Search Company? Reliability - Is the Title… >> READ MORE


Top 10 Things to Look for in a Title Search Company

Title Related Topics Something

Creating a title report is a complex and detailed process. It requires experience and industry expertise to craft a comprehensive report that you can trust to assist you in making decisions. Reliability 1. Does your search company keep their word? Do you get your reports when promised? 2. Do they have errors & omissions insurance? 3. How often do they communicate with you? If your work will be delayed, do they tell you before… >> READ MORE


Searching Public Records in Delaware at the County Level

UCC, Corporate, Title Related Topics Something

If you need to search for anything at the county level in Delaware, you only have three counties from which to choose: New Castle (northernmost), Kent (middle), and Sussex (southernmost). The Bankruptcy Court and U.S. District Court are located in the county seat of Wilmington, which is in New Castle County. Below is a handy guide for figuring out what’s located where at the county level: Recorder of Deeds: UCC/fixture filings,… >> READ MORE