The Department of Banking and Insurance approved a request from the New Jersey Land Title Insurance Rating Bureau for an increase in the charge for issuance of a Closing Service Letter ("CSL") from $25.00 to $75.00. The said increase is going into effect on June 1, 2012, and it applies to all applications for New Jersey Title … [Read more...] about New Jersey Title Insurance CSL Changes
New Jersey Title Insurance
New Jersey Title Insurance and Riparian Rights
As per Stewart Title Insurance Company there has been an increase in claims arising from the failure to take exception for riparian lands that have not been granted by the State of New Jersey. It made me realize and think that I bet most consumers nor real estate professionals even understand the ins and outs or even what … [Read more...] about New Jersey Title Insurance and Riparian Rights
NJ Title Insurance Industry Forces Recordation Law Change
As a New Jersey Title Company it has been very frustrating to have to deal with the antiquated recordation practices in the state of New Jersey. However, the NJ Title Insurance industry has finally succeeded in setting the path towards modernizing the recording laws with the passage of Assembly Bill A2565, signed into law on … [Read more...] about NJ Title Insurance Industry Forces Recordation Law Change