Avoid Escrow and Title Delays
Learn more on how to avoid escrow and title delays in California.
Geographic Targeting Order
The Financial Crimes Enforcement Network (FinCEN) has issued a Geographic Targeting Order (GTOs) that require U.S. title insurance companies to identify the natural persons behind companies used in specific “covered” transactions for purchases of residential real estate. Read more here on the new Geographic Targeting Order!
Solar Panel Purchase Transactions
Solar panels can be owned free and clear but more than likely, there is a lien on the solar panels. Buyers, sellers and their agents should be aware of the title company’s role when handling a closing when there are solar panels installed on a property.
Foreclosure Timeline
Learn more about the Colorado Foreclosure Timeline and helpful resources during the process.
Authority and Acknowledgments
A statement of authority provides evidence there is an entity and establishes the authority of one or more persons to act on behalf of an entity. A statement of authority may contain any limitation that may exist upon the authority of the person named in the statement or holding the position to bind the entity. Read further for what must be executed for authority and acknowledgments respectively.
Mineral Rights
In Colorado mineral rights can exist as a separate estate, treated independently of the ownership of the surface estate. Owners of land in Colorado can sever some or all, of the mineral estate from the surface estate. Likewise, federal and state governments may have reserved some or all, of the mineral estate when property was first granted into private ownership.
Colorado Withholding Tax
The sale of Colorado real estate by nonresidents, with some exceptions, is subject to a withholding tax in the anticipation of Colorado income tax that will be due from the gain of the sale.
FIRPTA Withholdings and Exceptions
Learn when FIRPTA (Foreign Investment in Real Property Tax Act) is applicable and answers to frequently asked questions.
How to Avoid Cyber Fraud
Cybercriminals continue to create new ways to fraudulently obtain funds from settlement agent escrow accounts. There is no single solution for cyber threats and not all methods are foolproof. Learn steps you can take to prevent cyber fraud.