When a buyer and seller go under contract, Paragraph 8 of the Real Estate Commission Approved Form comes into play. It includes title insurance, record title and off-record title. A key factor for both parties is who will be paying…

The Federal Financial Crimes Enforcement Network (FinCEN) Has Issued a Geographic Targeting Order (GTO) Impacting 14 Colorado Counties Frequently Asked Questions With the FinCEN Geographic Targeting Order going into effect on May 24, 2023, we want to share helpful questions…

With property tax notices likely to surprise homeowners, we have an opportunity to educate customers about how to calculate a potential increase and how to dispute them. In late April, county assessors will mail out valuation notices based on property…

A Closing Protection Letter, commonly called a CPL, is used when a title company, acting as an agent for an insurer/underwriter, provides closing services in addition to being responsible for issuing the Commitment and Policy on behalf of the insurer/underwriter.…

There are a few circumstances when a survey or ILC (Improvement Location Certificate) will be called for as a requirement to issue a title insurance policy: Significant Renovation or New Construction If the home is being flipped, we would likely…

How do Colorado foreclosures begin? The foreclosure process begins when the lender files a Notice of Election and Demand (NED) with the public trustee, who then records it with the county clerk and recorder. Unlike other states that allow a…

Understanding Property Taxes Property tax revenue supports public schools, county governments, special districts, municipal governments and junior colleges. All of the revenue generated by property taxes stays within the same county.  The property tax bill is based on the assessed…

Each year, Land Title supports a Colorado-based organization for our fall charitable campaign. This October, we are proud to team with the Helen and Arthur E. Johnson Depression Center, an organization dedicated to improving the lives of people with depression…

Resort communities continue to see jaw-dropping pricing driven by continued demand and historically low inventory. Even with incredibly low inventory, resort properties all seem to have a price at which cash buyers can get in. Not surprising, cash sale transactions…