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OUTAMATION - Michael Rosing/IL
8/14/2024 9:50:12 PM (1110 views)

New York sales taxes? - Patty Baber/CA
8/14/2024 2:20:02 PM (981 views)

[+] I wasn't born yesterday - Ben Wilczynski/PA (11 replies)
8/12/2024 2:32:08 PM (2083 views)

[+] Express Abstracting & Title Services LLC - NO PAY - Darren Miller/CA (2 replies)
7/30/2024 3:59:14 PM (1746 views)

[+] Abstractor Software - Scott Smith/PA (1 reply)
7/30/2024 10:10:09 AM (1706 views)




[+] Title Insurance Misconceptions - Angela Sharp/CA (2 replies)
7/22/2024 6:02:30 PM (1266 views)

[-] summary and documents, documents and summary - Ben Wilczynski/PA (10 replies)
6/27/2024 9:55:22 AM (2042 views)

Hello, friends! Ben with Veracity here, looking for some feedback. 

When I was trained as an abstractor (in the Detroit area, roughly 450 years ago) I was taught to follow a simple rule:

"If you cite a document on your summary, you should include a copy in your bundle. If you include a document in your bundle, it should be cited on your summary."

That was a good rule at the time, and I believe it has only become more important. We just had an example of why this is important: the abstractor provided copies of the deeds in the chain of title, but did not list them on her summary report.  In fact, when asked, she refused to. Later, we learned that the abstract was missing an outsale deed which was necessary to understand the complicated metes and bounds legal description. The customer, naturally, was very upset that they had wasted hours trying to make sense of the title without that deed. What happened? Simple: the abstractor's scanner had "skipped" that deed.

If the abstractor had included a written chain of title, even just a list of deeds, this would have been a minor problem. My team would have noticed the omission before sending the abstract to the client. But instead, this correction required hours of work on the client's part.

My question is: do you make sure your summary agrees with your documents, and vice versa? If not, why not? 

Thank you for your time. 

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Re: summary and documents, documents and summary - Jay Duncan/MO
6/27/2024 10:45:43 AM (2428 views)
Re: summary and documents, documents and summary - Rita Killary/NY
6/27/2024 12:49:52 PM (2351 views)
Re: summary and documents, documents and summary - Brandon ONeal/TN
6/27/2024 6:34:39 PM (2456 views)
Re: summary and documents, documents and summary - Serena Stout/VA
7/1/2024 10:02:29 AM (2384 views)
Re: summary and documents, documents and summary - Philip Apter/CT
7/8/2024 10:21:42 AM (2268 views)
Re: summary and documents, documents and summary - stephen willard/OH
7/8/2024 11:07:49 AM (2324 views)
Re: summary and documents, documents and summary - Advanced Background Check/OH
7/9/2024 2:20:40 PM (2213 views)
Re: summary and documents, documents and summary - Ben Wilczynski/PA
7/10/2024 1:48:08 PM (2220 views)
Re: summary and documents, documents and summary - george Hubka/MI
7/10/2024 6:14:15 PM (2180 views)
Re: summary and documents, documents and summary - Ben Wilczynski/PA
7/31/2024 11:00:20 AM (2064 views)

[+] CCOST OF A COMMERICAL SEARCH - Saundra  Scott/MD (3 replies)
6/24/2024 9:01:01 PM (2028 views)

CCOST OF A COMMERICAL SEARCH - Saundra  Scott/MD
6/24/2024 9:00:59 PM (1365 views)

[+] SKY ONE TITLE SERVICES - Michael Rosing/IL (1 reply)
6/20/2024 10:20:37 AM (1558 views)

[+] PLATOON TITLE SERVICES - Michael Rosing/IL (3 replies)
6/18/2024 2:13:38 PM (1904 views)

[+] Foreclosures - Kurt deVries/FL (5 replies)
6/17/2024 1:43:26 PM (1956 views)

[+] S.3402 - End Hedge Fund Control of American Homes Act - Scott Perry/PA (7 replies)
6/10/2024 8:58:55 PM (1590 views)

IN THE QUEUE - Michael Rosing/IL
6/7/2024 11:24:57 AM (1305 views)

POSTS - Michael Rosing/IL
6/4/2024 8:29:28 AM (1279 views)


<< get older messagesget newer messages >>

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