FL Underwriting References - Revision history

Joetschida at 14:20, 1 April 2021

2021-04-01T14:20:26Z

Joetschida: /* FINCEN */

2021-03-31T15:48:39Z

‎FINCEN

Joetschida: /* FINCEN */

2021-03-31T15:48:00Z

‎FINCEN

Joetschida: /* FINCEN */

2021-03-31T15:47:24Z

‎FINCEN

Joetschida: /* FINCEN */

2021-03-31T15:45:29Z

‎FINCEN

Joetschida: /* FINCEN */

2021-03-31T15:44:12Z

‎FINCEN

Joetschida: /* FINCEN */

2021-03-31T15:41:51Z

‎FINCEN

Alanfields: /* B. Transfer of Title */

2021-03-29T15:02:31Z

‎B. Transfer of Title

Joetschida: /* Bankruptcy */

2018-07-12T03:38:40Z

‎Bankruptcy

Joetschida: /* Mobile Homes */

2018-01-19T22:38:34Z

‎Mobile Homes

← Older revision		Revision as of 14:20, 1 April 2021
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	Note – the term “reforeclosure” only applies to omitted subordinate lienholders, not to owners of the subject property itself. Where an owner is omitted in a foreclosure complaint, the foreclosure judgment is void. As such, filing a new action to name the correct owner is not a “reforeclosure,” but rather simply a “foreclosure.” English v. Bankers Trust Co. of California, 895 So.2d 1120 (Fla. 4th DCA 2005).		Note – the term “reforeclosure” only applies to omitted subordinate lienholders, not to owners of the subject property itself. Where an owner is omitted in a foreclosure complaint, the foreclosure judgment is void. As such, filing a new action to name the correct owner is not a “reforeclosure,” but rather simply a “foreclosure.” English v. Bankers Trust Co. of California, 895 So.2d 1120 (Fla. 4th DCA 2005).
		+
		+	==Remote Online Notarization==

@@ Line 105: / Line 105: @@
 *5. The purchaser pays any part of the purchase price using currency, cashier’s checks, certified checks, traveler’s checks, money orders, business or personal checks or wire fund transfers or payments.
-+The agent can gather the information needed on the ALTA form and send it to WFG for filing in the following email address:  FINCENreports@wfgnationaltitle.com+
 ==Foreclosures==

@@ Line 105: / Line 105: @@
 *5. The purchaser pays any part of the purchase price using currency, cashier’s checks, certified checks, traveler’s checks, money orders, business or personal checks or wire fund transfers or payments.
-*The agent can gather the information needed on the ALTA form and send it to WFG for filing in the following email address:  FINCENreports@wfgnationaltitle.com8
++The agent can gather the information needed on the ALTA form and send it to WFG for filing in the following email address:  FINCENreports@wfgnationaltitle.com+
 ==Foreclosures==

@@ Line 105: / Line 105: @@
 *5. The purchaser pays any part of the purchase price using currency, cashier’s checks, certified checks, traveler’s checks, money orders, business or personal checks or wire fund transfers or payments.
-The agent can gather the information needed on the ALTA form and send it to WFG for filing in the following email address:  FINCENreports@wfgnationaltitle.com
+*The agent can gather the information needed on the ALTA form and send it to WFG for filing in the following email address:  FINCENreports@wfgnationaltitle.com8
 ==Foreclosures==

@@ Line 105: / Line 105: @@
 *5. The purchaser pays any part of the purchase price using currency, cashier’s checks, certified checks, traveler’s checks, money orders, business or personal checks or wire fund transfers or payments.
-You can gather the information needed on the ALTA form and send it to WFG for filing in the email address listed on our Bulletin which is: FINCENreports@wfgnationaltitle.com
+The agent can gather the information needed on the ALTA form and send it to WFG for filing in the following email address:  FINCENreports@wfgnationaltitle.com
 ==Foreclosures==

@@ Line 99: / Line 99: @@
 Here is the criteria that require the FinCEN Reporting:
-. The transaction involves a purchase of one or more residential real properties in Miami-Dade, Broward, or Palm Beach Counties; and
+*1. The transaction involves a purchase of one or more residential real properties in Miami-Dade, Broward, or Palm Beach Counties; and
-. The total purchase price is $300,000.00 or more; and
+*2. The total purchase price is $300,000.00 or more; and
-. The purchaser is a corporation, limited liability company, partnership, or other similar legal entity.
+*3. The purchaser is a corporation, limited liability company, partnership, or other similar legal entity.
-. The purchaser purchases the residential real property without a bank loan or other similar form of institutional financing; and
+*4. The purchaser purchases the residential real property without a bank loan or other similar form of institutional financing; and
-. The purchaser pays any part of the purchase price using currency, cashier’s checks, certified checks, traveler’s checks, money orders, business or personal checks or wire fund transfers or payments.
+*5. The purchaser pays any part of the purchase price using currency, cashier’s checks, certified checks, traveler’s checks, money orders, business or personal checks or wire fund transfers or payments.
-You can gather the information needed on the ALTA form and send it to WFG for filing in the email address listed on our Bulletin which is:
+You can gather the information needed on the ALTA form and send it to WFG for filing in the email address listed on our Bulletin which is: FINCENreports@wfgnationaltitle.com
 ==Foreclosures==

← Older revision		Revision as of 15:41, 31 March 2021
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	==FINCEN==		==FINCEN==
		+	Here is the criteria that require the FinCEN Reporting:

		+	1. The transaction involves a purchase of one or more residential real properties in Miami-Dade, Broward, or Palm Beach Counties; and
		+	2. The total purchase price is $300,000.00 or more; and
		+	3. The purchaser is a corporation, limited liability company, partnership, or other similar legal entity.
		+	4. The purchaser purchases the residential real property without a bank loan or other similar form of institutional financing; and
		+	5. The purchaser pays any part of the purchase price using currency, cashier’s checks, certified checks, traveler’s checks, money orders, business or personal checks or wire fund transfers or payments.
		+
		+	You can gather the information needed on the ALTA form and send it to WFG for filing in the email address listed on our Bulletin which is:

	==Foreclosures==		==Foreclosures==

@@ Line 148: / Line 148: @@
 ===B.  Transfer of Title===
-          When Mobile Home Title is Not Retired.  An unretired mobile home title is transferred by Certificate of Title issued by the Florida Department of Highway Safety and Motor Vehicles (“Department”).  FS 319.22; FS 319.001(1) and (2); and FS 319.23.  The conveyance is exactly the same as a conveyance of a car title.  A conveyance by deed of the real property that the mobile home is located on and affixed to, which deed describes the mobile home, will not transfer title to the mobile home if the mobile home title has not been retired.  A Certificate of Title transferring title must be issued by the Department.
+When Mobile Home Title is Not Retired. An unretired mobile home title is transferred by Certificate of Title issued by the Florida Department of Highway Safety and Motor Vehicles (“Department”).  FS 319.22; FS 319.001(1) and (2); and FS 319.23.  The conveyance is exactly the same as a conveyance of a car title.  A conveyance by deed of the real property that the mobile home is located on and affixed to, which deed describes the mobile home, will not transfer title to the mobile home if the mobile home title has not been retired.  A Certificate of Title transferring title must be issued by the Department.
 	When Mobile Home Title is Retired.  A mobile home title that is retired pursuant to the procedure set forth in FS 319.261 may be conveyed by deed together with the real property to which it is affixed.  FS 319.261(5) and (8).

@@ Line 75: / Line 75: @@
 ***Bankruptcy
 ****Stripping Liens
 ==Butler Rebates==

@@ Line 147: / Line 147: @@
 	 A mobile home that is taxed as real property will be issued an “RP” sticker. FS 193.075(1).
-===B.  Transfer of Title=== When Mobile Home Title is Not Retired.  An unretired mobile home title is transferred by Certificate of Title issued by the Florida Department of Highway Safety and Motor Vehicles (“Department”).  FS 319.22; FS 319.001(1) and (2); and FS 319.23.  The conveyance is exactly the same as a conveyance of a car title.  A conveyance by deed of the real property that the mobile home is located on and affixed to, which deed describes the mobile home, will not transfer title to the mobile home if the mobile home title has not been retired.  A Certificate of Title transferring title must be issued by the Department.
+===B.  Transfer of Title===
 	When Mobile Home Title is Retired.  A mobile home title that is retired pursuant to the procedure set forth in FS 319.261 may be conveyed by deed together with the real property to which it is affixed.  FS 319.261(5) and (8).