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DeSantis stamps changes to reverse mortgage tax requirements in Florida

Housing Wire

The documentary stamp tax “is an excise tax imposed on certain documents executed, delivered, or recorded in Florida ” according to the state’s Department of Revenue. The new law, House Bill (HB) 7073 , changes the way the state’s “documentary stamp tax” can be applied to reverse mortgages, among other provisions related to taxation.

Law 417
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Thinking of selling your real estate brokerage? Here’s how to prepare

Housing Wire

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. Clean data vs. dirty data So what data should be clean? Disclosure schedules essentially memorialize or qualify key aspects of the business.

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Trade Groups Unite to Combat Deed Fraud

Appraisal Buzz

” brief include the American Land Title Association (ALTA) , AARP , Mortgage Bankers Association (MBA) , National Association of Realtors (NAR) , National Notary Association (NNA) , and Property Records Industry Association (PRIA). These crimes result in legal costs, reduction in equity or property value and even property loss.

Law 397
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Tell-Tale Signs You Should Hire a Specialist in Real Property Management – Columbus, Ohio

The Robert Weiler Company

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

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How scammers are using AI to commit new fraud in real estate

Housing Wire

They just simply go into the register of deeds and they look for properties that are listed as either vacant or unimproved. And then they will impersonate the property owner. And they solicit a listing to a brokerage: the real estate agent takes the listing and asks for an ID, which checks out. million house.

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Remote online notarization is the proper path forward for digital closings

Housing Wire

At the county level, the Uniform Law Commission in 2004 promulgated the Uniform Real Property Electronic Recording Act (URPERA), representing a model statutory framework to provide county clerks and recorders the authority to accept electronic recording of real property instruments. To date, 37 states and U.S.

Law 451
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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing. The scammer then impersonates the notary and returns falsified documents to the title firm or closing attorney involved in the transaction.

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