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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: I agree with Kristine. Posted by Mark H. on May 14, 2009 at 9:48 PM In Reply to: I agree with Kristine. posted by JK (the other JK) on May 14, 2009 at 9:18 PM : : There is no need to "mail" your partner's anything. Escrow or you can email whatever needs to be printed and notarized and then returned. This is title in CA now. You'll hear all kinds of comments from the old timers here about relationships with title officers, etc. However, things have changed A LOT in the last year and the things that have changed have to do with interpretations of CA law that is coming down on the title company. You can rest assured that it will get tougher as the months go by to satisfy title underwriting. : : It is not reasonable for your partners to be shielded from necessary documentation required by title. : I've run into this several times. I don't see the big deal with emailing the document for the partners to notarize and Fedex back to you. For the record, I've had horrible experiences with Old Republic Title (Yes I said it). You would probably be better served with First American or Lawyers. It's not a big deal except when the title company keeps adding more requirements (at one time all they said they wanted was a copy of the partnership agreement). Then they said a GP-1 that they said they would mail in at escrow (the GP-1 is a Statement of Parntership), and now they suggest I see an attorney and have another notarized statement of partnership drawn up. Ya, I am getting a bit pissy - they've argued about seeing a copy of my orginal title trust (I finally convinced them that a certification of trust is all they are going to get), then about the wording of my partnership agreement (I used Ward's), certification of the GP-1, etc. Now they want a Statement of Partnership, but caution that the sample is 'just something we found on the internet and that I should get a lawyer'. Hell, what does that mean? If I draw something up and they don't like it will I get another demand? Ya, a month ago this request would sound like no big deal...ONLY IF there were no more demands. My partners are not 'shielded', they have assigned me as the sole agent to avoid this crap. Or does that no exist anymore? Follow Ups: GP-1 is necessary IMO Brian 8:37 AM, 05/18/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : : There is no need to "mail" your partner's anything. Escrow or you can email whatever needs to be printed and notarized and then returned. This is title in CA now. You'll hear all kinds of comments from the old timers here about relationships with title officers, etc. However, things have changed A LOT in the last year and the things that have changed have to do with interpretations of CA law that is coming down on the title company. You can rest assured that it will get tougher as the months go by to satisfy title underwriting. : : : It is not reasonable for your partners to be shielded from necessary documentation required by title. : : I've run into this several times. I don't see the big deal with emailing the document for the partners to notarize and Fedex back to you. For the record, I've had horrible experiences with Old Republic Title (Yes I said it). You would probably be better served with First American or Lawyers. : It's not a big deal except when the title company keeps adding more requirements (at one time all they said they wanted was a copy of the partnership agreement). Then they said a GP-1 that they said they would mail in at escrow (the GP-1 is a Statement of Parntership), and now they suggest I see an attorney and have another notarized statement of partnership drawn up. : Ya, I am getting a bit pissy - they've argued about seeing a copy of my orginal title trust (I finally convinced them that a certification of trust is all they are going to get), then about the wording of my partnership agreement (I used Ward's), certification of the GP-1, etc. Now they want a Statement of Partnership, but caution that the sample is 'just something we found on the internet and that I should get a lawyer'. : Hell, what does that mean? If I draw something up and they don't like it will I get another demand? : : Ya, a month ago this request would sound like no big deal...ONLY IF there were no more demands. My partners are not 'shielded', they have assigned me as the sole agent to avoid this crap. Or does that no exist anymore? : : [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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