underwriting counsel

April 12, 2019
Published by Ellen Wied on April 12, 2019
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Underwriting Q&A : What are the IRS instructions for Form 1099-S reporting with respect to a married couple?

Q:        What are the IRS instructions for Form 1099-S reporting with respect to a married couple? A:        The IRS makes an exception to its Multiple Transferor […]
Ellen WiedEllen Wied April 12, 2019
January 21, 2019
Published by Underwriting Department on January 21, 2019
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Underwriting Q&A: What is the correct exception in Schedule B when finding a memorandum [of lease, of agreement, etc.] recorded in the Public or Official Records which affects the property? When can this exception be removed?

A:  The exception would properly read as follows:  “Terms, conditions and stipulations of the [lease or agreement] as evidenced by Memorandum of [Lease/Agreement/etc.] recorded as [document/instrument] […]
Underwriting DepartmentUnderwriting Department January 21, 2019
August 16, 2018
Published by Ellen Wied on August 16, 2018
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Underwriting Q&A: What date should be inserted into the blank on paragraph 4 of the T-47 Residential Real Property Affidavit?

Q: In Texas, where we are encountering multi-generational re-use of existing surveys, the T-47 Residential Real Property Affidavit allows a seller to verify that a prior […]
Ellen WiedEllen Wied August 16, 2018
March 22, 2018
Published by Sean Everest on March 22, 2018
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Underwriting Q & A | Can an attorney be a devisee in a will that he/she prepared?

Q: Can an attorney be a devisee in a will that he/she prepared? A: No. Section 254.003 of the Texas Estates Code recites that any gift […]
Sean EverestSean Everest March 22, 2018
January 17, 2018
Published by David Hays on January 17, 2018
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Underwriting Q & A | Is the statutory process of “bonding around” a filed mechanic’s lien affidavit (MLA) always a potential remedy to closing the transaction without making payment to the contractor claiming the lien or excepting to the claim of lien in the policy?

Q: (Texas Only) Is the statutory process of “bonding around” a filed mechanic’s lien affidavit (MLA) always a potential remedy to closing the transaction without making […]
David HaysDavid Hays January 17, 2018
December 20, 2017
Published by Underwriting Department on December 20, 2017
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Underwriting Q & A | Are the Texas home equity loan laws changing effective January 1, 2018?

Q: Are the Texas home equity loan laws changing effective January 1, 2018? A: Yes, in connection with the November election, the voters of the State […]
Underwriting DepartmentUnderwriting Department December 20, 2017
March 15, 2017
Published by Sean Everest on March 15, 2017
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Underwriting Q&A | When receipting a contract and earnest money, is it acceptable to receive and/or deliver an option fee?

Q: When receipting a contract and earnest money, is it acceptable to receive and/or deliver an option fee? A: Delivery by the Realtor to the title […]
Sean EverestSean Everest March 15, 2017
January 24, 2017
Published by fntiblog on January 24, 2017
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First National Title Insurance Company Hires Sean Everest as Underwriting Counsel

First National Title Insurance Company (FNTI) expands its underwriting team with the addition of industry veteran, Sean Everest. “The number of agents representing First National Title […]
fntiblogfntiblog January 24, 2017
January 6, 2017
Published by Chris Phillips on January 6, 2017
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First National Title Insurance Expands Legal Staff

First National Title Insurance Company (FNTI) recognizes that the services you need to grow your business must involve the support of a strong legal team.  A […]
Chris PhillipsChris Phillips January 6, 2017
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