Fund News and Alerts

I am very pleased to update you on the legislation filed earlier this month that changed the way title premiums are set (from promulgated to "file and use").

An amendment has been filed that removes this provision from the Senate version of the bill.  (It was not in the House version of the bill from the beginning.)  This is great news for us.

On April 5, 2023, I sent an alert about Senate Bill 7052 which contained provisions changing Florida's title premium rate from a promulgated rate to a "file and use" model.  Today's alert is an update on that situation.

Dec 2nd - TRID is Here. Now What? presented by Margaret Atkins Thumberg, Esq., Fund Senior Underwriting Counsel & Legal and Branch Education Manager. What can real estate licensees do to assist their clients in making their next home sale or purchase run smoothly in this new regulatory environment?

By Maggie Thumberg, Senior Manager, Continuing Legal Education, The Fund

ARECS members have been hearing a lot about electronic closings and digital mortgages...

Recent federal tax legislation increases the FIRPTA general withholding rate from 10% to 15% effective for closings on or after February 16, 2016. Closing agents should adjust their procedures and forms to reflect this change. (If you want a reference, it is H. R. 2029, now known as Public Law 114-113. See Section 324 for text of changes).

If you have been a Fund member for more than 10 years you likely remember the Consumer Education Campaign sponsored by The Fund to promote the use of real estate attorneys on radio and television.

If you have spent any time on Florida ARECS consolidated REC website www.flarecs.com you have undoubtedly discovered it is full of useful tools and resources for the real estate practitioner.

REC Members from across the state gathered to network with nearly 4,000 real estate agents at the 2019 Florida Realtors® Convention and Trade Show on August 21^st and 22^nd at the Rosen Shingle Creek Resort in Orlando. 

For the third year in a row, Florida ARECS has secured a booth at the Florida Realtors® Convention and Trade Show scheduled for August 21^st and 22^nd at the Rosen Shingle Creek Resort in Orlando. 

By: René Rutan, REC Relations Manager, Attorneys Title Fund Services, LLC.

For the 25th year in a row the Central Florida Real Estate Attorneys Council (CFREAC) and Orlando Regional Realtor^® Association teamed up to present their annual Law Symposium.