Information for Title Companies
Title companies across the country routinely transactions with the Freehold Instrument in place.
In fact, the Freehold Instrument was designed with significant input from title companies. Some important provisions from the Freehold Instrument include:
- Online requests for estoppel certificates and closing assistance make closing the transaction easy. CovenantClearinghouse.com
- Where permitted by law a closing agent can retain a fee of the greater of $100.00 or two percent (2%) of the Capital Recovery Fee collected;
- Notices are routinely updated in the public records, helping to assure that the title plant stays up to date.
Title companies work hard to attract and keep business, and they recognize the importance of accommodating property owners who develop or own large real estate portfolios. By showing developers that the title company appreciates their business, title companies build loyalty.
Find more information in the Overview section, or by downloading our brochure.