Kathy posted asking the question concerning the company notary perform her operation on a lease or sale between the company inwhich she was a director and an officer and another outside person there is, imho, a conflict of interest.
I believe the same potential conflict of interest arises when a mortgage company, builder or bank owns a title company. There is always pressure on a title company by their clients to push things through and ignore the possible problems. That pressure is increased a hundred fold when the title company is owned by a bank, mortgage company or builder. I am not saying that it happens all the time, but the temptation is certainly greater than if the title company is the third dis-interested party, like it is suppose to be, in the transaction between the borrower and the grantee lending the money, who ever that maybe.
The borrower rarely understands that they have the choice of which title company they want to use. The consumer needs to be ed-u-ma-cat-ed.
Just food for thought.
Jay
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