AN ACT ENTITLED, An Act to authorize title insurance companies to execute certain certificates of re 2025

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Procedural Rule P-24 provides guidelines for title companies to use when negotiating the portion of the title premium to be paid to another title company for: (1) furnishing title evidence and/or (2) examining title and/or (3) closing the transaction.
P. 24. When a petition is filed with the clerk he shall indorse thereon the file number, the day on which it was filed and the time of filing, and sign his name officially thereto.
Title insurance guarantees you or your lender against losses from any defects in title that may exist in the public records at the time you purchase that property, and certain other risks described in the title insurance policy.
The Texas Department of Insurance requires that all Texas title insurance agents collect Good Funds at closing. Good Funds are Defined as Follows: Note: It is the title companys duty to report any cash or checks totaling $10,000 or more to the IRS.