VATC COVID Underwriting Guidelines - Effective Now!

As the Governor has continued to open the "Covid spigot", our underwriting guidlelines for title searching have continued to change, too. As announced in our recent webinar, on and after June 22nd we are essentially back to pre-COVID title searching norms. With a few exceptions which are outlined in the written Guidelines, the basic premise for searchers is "do what you were doing in February". Please become familiar with the Guidelines by clicking here to review and print them. Note: Long Form policies maybe used in place of Short Form policies. As always, call Andy or Liz if you have any questions.

Did You Miss the June 16th VATC Webinar? Don't worry, we recorded it! Visit the VATC Website to watch and print the materials.

CLE Reporting - We've changed the form! As you remember, to ensure that all of our attorney members are super smart and super up-to-date, we require attorneys to complete a minimum of 6 hours of "real estate specific" CLE during their two-year VT Supreme Court reporting cycle. These credits may be obtained through events sponsored by VATC, the VBA, other underwriters, or any other accredited continuing legal education provider. In the past we asked that you specifically list the programs you attend. We've amended the form so that it is merely your certification that you attended the requisite number of hours. If you are an attorney who is reporting this year (June 30, 2020), please click  here  to complete the CLE reporting form. Please return the reporting form to  Jayne   by July 12th. Thank you!

Monthly Marketable Title Mayhem As always, July's quiz will be available on the first Wednesday of the month (today) on the VATC website. If you are a subscriber, you will automatically receive each month's quiz by email. June winners (5 for 5) were Fred Peet and Brian Amones . It is worth noting that many respondents went 4 out of 5 but missed the question about Remote Ink Notarization .

Post-Closing Updates In the COVID World Post-closing updates have ALWAYS: been important; been a requirement as a Title Agent; been an obligation to your client(s); and have NEVER been more important than in the COVID world. Click here to view some of the common issues we are finding. In person post-closing updates should be done within 45 days of closing or, for closed offices within 10 days after clerk re-opens. Attention VATC Title Update Users: Please submit your update requests promptly after the transaction has closed and funded.

Lau's Corner & Title Tips PrepExpress Online® Updates: In preparation for the future e-submission/e-remittance of policy/premium, the title update service line will be removed from the Policy Transmittal Form. Please click here to view what the form will look like. If you use the VATC Title Update Service or CATIC Discharge Tracking Service, please mail a check payable to VATC for the appropriate fee, along with a copy of either: the e-mail confirmation you receive after submitting the update request; or the transmittal form with your note in the comments section.