Closing Protection Letters in North Carolina - Revision history

Davidjenkins: /* Remittances */

2020-01-17T00:31:52Z

‎Remittances

Davidjenkins: /* Dual Agent CPLs */

2019-09-13T01:01:34Z

‎Dual Agent CPLs

Davidjenkins: /* WFG Rates */

2019-03-06T16:42:31Z

‎WFG Rates

Davidjenkins: /* Notes */

2019-03-06T16:40:11Z

‎Notes

Davidjenkins: Created page with "===Overview=== ===Sources=== ===Compliance=== ====Disclosures==== ===Forms=== ====Disclosure Form==== ====CPL Form==== * Latest CPL Form Filing Date: 01-00-1900 * Filing..."

2018-04-12T01:43:18Z

Created page with "===Overview=== ===Sources=== ===Compliance=== ====Disclosures==== ===Forms=== ====Disclosure Form==== ====CPL Form==== * Latest CPL Form Filing Date: 01-00-1900 * Filing..."

New page

===Overview===

===Sources===

===Compliance===

====Disclosures====

===Forms===

====Disclosure Form====

====CPL Form====
* Latest CPL Form Filing Date: 01-00-1900
* Filing Requirements:
* Current From: 3171637
* ALTA Version:

====Dual Agent CPLs====

===Rates===

====State Mandated Rates====
* Buyer:
* Seller:
* Lender:
* Borrower:

====WFG Rates====
* Buyer: See Notes
* Seller: See Notes
* Lender: See Notes
* Borrower: See Notes

=== Remittances===

===Notes===
* Notes: Up to $100k - $.60/$1k $100k to $500K Add $.12/$1K Over 500K - No Add't'l chg
* Rate Checked: 05-18-2016
* By: Robert Bauchle
* Manual Date:

===Cross-References===
* [[North Carolina]]
* [[Closing Protection Letters]]

← Older revision		Revision as of 00:31, 17 January 2020
Line 39:		Line 39:

	=== Remittances===		=== Remittances===
		+
		+	In North Carolina, the CPL (Insured Closing Services) is collected in combination with the main premium. § 58-26-1(d). It should be remitted in accordance with the premium split between the agent and underwriter.

	===Notes===		===Notes===

← Older revision		Revision as of 01:01, 13 September 2019
Line 18:		Line 18:

	====Dual Agent CPLs====		====Dual Agent CPLs====
		+	In NC, the answer is not black and white. The closing attorney should be on the CPL but an agent can also be on it if they are doing the disbursement for the closing attorney.

	===Rates===		===Rates===

@@ Line 32: / Line 32: @@
 * Lender: See Notes
 * Borrower: See Notes
 === Remittances===

@@ Line 36: / Line 36: @@
 ===Notes===
-* Notes: Up to $100k - $.60/$1k $100k to $500K  Add $.12/$1K  Over 500K - No Add't'l chg
+* Notes: Up to $100k - $.62/$1k $100k to $500K  Add $.12/$1K  Over 500K - No Add't'l chg
-* Rate Checked: 05-18-2016
+* Rate Checked: 03-06-2019
-* By: Robert Bauchle
+* By: David Jenkins
-* Manual Date:
+* Manual Date: 10-1-2018
 ===Cross-References===
 * [[North Carolina]]
 * [[Closing Protection Letters]]