Fund News and Alerts
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Alert! Fraudulent Activity Reported
Fraudsters Impersonating Title Companies & Targeting Real Estate Agents
11/27/2024 -
Build Your Business by Becoming an Approved Florida Realtors® Faculty Member
By: Rene Rutan, Manager, Events & Affiliate, REC & Realtor® Relations
Teaching is one of the most effective ways to build relationships with real estate agents, and you can accomplish it in a number of ways. You can create content and do it on your own, you can take advantage of the Florida ARECs Realtor® Education Library filled with ready-to-use programs developed by The Fund’s Legal Education Team, or you can become an Approved Florida REALTORS® Faculty Member.
11/25/2024 -
Latest REC & Realtor® News - November & December 2024
Florida Realtors® Convention
The Fund hosted an Expo Booth at the 2024 Florida Realtors Convention held August 21 and 22 at the Rosen Shingle Creek Resort in Orlando. Attended by over 4,000 real estate agents, the Convention provides a unique opportunity for The Fund to promote the use of real estate attorneys among a key audience.11/25/2024 -
Latest REC News - November & December 2024
On August 27th, the Jacksonville Area Real Estate Council hosted their quarterly membership meeting at Top Golf, beginning with presentation on the Florida Realtors®/Florida Bar Contract, which is replacing the Northeast Florida Association of Realtors (NEFAR) Contract, which has been used for decades. Following the presentation, attendees gathered outside in reserved bays to take their best shots on the golf range. Fore!
11/25/2024 -
Resource Feature - FLARECS.com
FLARECs.COM, which is located in the Resource section of thefund.com and is your Real Estate Council HQ! There you will find a multitude of resources for your Real Estate Council and for yourself as a REC Member.
11/25/2024 -
Melissa Jay Murphy Named 2024-2025 FLTA President
Industry Leadership at its Finest! Yesterday, Florida Land Title Association (FLTA) members installed Fund General Counsel Melissa Jay Murphy as their 2024-2025 President.
11/12/2024 -
Navigating Mortgage Payoffs - Practices and Tips to Prevent Common Pitfalls
In today’s real estate market, one can never be too careful when it comes to mortgage payoffs. The mounting increase in payoff fraud and wire diversion continues to disrupt the real estate market as fraudsters find more creative and devious ways of defrauding unsuspecting parties who fall victim to their ploys. This article will revisit mortgage payoffs, address some common underwriting questions, and recommend some best practices and tips to incorporate into the daily practice of handling transactional closings. Read the article
11/01/2024 -
Install DoubleTime 9.5 to Retain Historical Data
DoubleTime 9.5 includes the following enhancements: 2024 Standard Commitment Clause and Affidavit, the Commitment (C21) template, and the Old Republic Privacy Notice.
10/22/2024 -
Alert! FinCEN GTO Extended
A new Geographic Targeting Order (GTO) has been issued effective October 16, 2024 and ending on April 14, 2025.
10/15/2024 -
The Importance of Conducting a Pre-Closing Update
Although not easily recognized by its formal name, EX001, the pre-closing update clause appears on nearly every commitment for title insurance prepared by The Fund. The requirement is an important reminder to obtain a title update prior to closing: “An update of the title search must be completed just prior to the closing, and the commitment must be endorsed to require clearance of or take exception for, any additional title defects or adverse matters found.” While this requirement seems simple enough, its satisfaction is critical before closing and issuing a policy of title insurance.
10/01/2024
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