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Thursday, February 16, 2023
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Click here to register.
The Annotated Code in TN has been amended and you should check with you Doc Prep Company and Compliance to confirm if these can be adjusted.
Example of verbiage on Deed of Trust
This is a Home Equity Conversion Mortgage Loan pursuant to Tennessee Code Annotated, Title 47, Chapter 30
Maximum principal indebtedness for Tennessee recording purposes is $ -0-
This mortgage is tax exempt under Tenn Code 67-4-409-(b)(1) is now shown under 67-4-409-(B)(2).
Instead of Title Tales this month, how about Title Tips? Specifically, Title Tips for Trusts (say that ten times fast and see where your tongue ends up!). ARS specializes in reverse mortgages, and for obvious reasons there are many more trusts to review in proportion to orders than for any other loan type. They keep […]
Written by: Mylene Marcelo, Title Manager/Title Officer We have a current vesting deed adding son into title dated 2017 as joint tenants with rights of survivorship. The Deed was executed by a Power of Attorney (POA) made by Wilma, Principal to Fred Jr., as Agent. The POA was dated 1997. Wilma was competent at the time […]
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