Difference between revisions of "Preliminary Judicial Reports"
From WFG Wiki
Davidjenkins (talk | contribs) (→=Cuyahoga County) |
Davidjenkins (talk | contribs) (→Pricing) |
||
| Line 41: | Line 41: | ||
==Pricing== | ==Pricing== | ||
| − | * | + | Pricing for Preliminary Judicial Reports is determined by the rate found in the OTIRB Rate Manual: |
| − | * Updates to any PJR $50 for each update. This is a filed rate and must be charged for each updated. See [http://wfgunderwriting.com/download/ohio/rate-manuals/OHIO%20-%20OTIRB%20Rate%20Manual%20Effective%2012-1-18.pdf Ohio Rate Manual RP-2.1]. | + | * The charge for a PJR is based on the amount of the unpaid principal balance. [http://wfgunderwriting.com/download/ohio/rate-manuals/OHIO%20-%20OTIRB%20Rate%20Manual%20Effective%2012-1-18.pdf Ohio Rate Manual RP-2]. |
| + | * Updates to any PJR, including for any FJR, are $50 for each update. This is a filed rate and must be charged for each updated. See [http://wfgunderwriting.com/download/ohio/rate-manuals/OHIO%20-%20OTIRB%20Rate%20Manual%20Effective%2012-1-18.pdf Ohio Rate Manual RP-2.1]. | ||
* The charge for Extended Coverage Endorsement is based on the amount of coverage provided by its associated PJR. [http://wfgunderwriting.com/download/ohio/rate-manuals/OHIO%20-%20OTIRB%20Rate%20Manual%20Effective%2012-1-18.pdf Ohio Rate Manual RP-2.2] | * The charge for Extended Coverage Endorsement is based on the amount of coverage provided by its associated PJR. [http://wfgunderwriting.com/download/ohio/rate-manuals/OHIO%20-%20OTIRB%20Rate%20Manual%20Effective%2012-1-18.pdf Ohio Rate Manual RP-2.2] | ||
| + | * Ohio Title Insurance rates are non-inclusive, so it is possible to charge for search and examination above and beyond the premium charge for the PJR. | ||
==Cross-References== | ==Cross-References== | ||
* [[Ohio]] | * [[Ohio]] | ||
Revision as of 08:40, 14 January 2019
Contents
Overview
Sources
Forms
- Extended Coverage Endorsement (required for Cuyahoga County)
- Extended Coverage Endorsement (required for Cuyahoga County) (version 2)
Search
Examination
Production
Cuyahoga County
- All PJRs issued in Cuyahoga County must include the Extended Coverage Endorsement.
Signatures
Several Counties require that the filed PJR be wet-signed by the licensed title producer. Most counties will accept a facsimile signature. The rule is typically determined by the court in each county under its local rules and does change from time to time. The counties that currently require west signatures are as follows:
- Ashland
- Auglaize
- Brown
- Delaware
- Erie
- Guernsey
- Hardin
- Meigs
- Morgan
- Richland
- Union
- Trumbull
- Washington
Pricing
Pricing for Preliminary Judicial Reports is determined by the rate found in the OTIRB Rate Manual:
- The charge for a PJR is based on the amount of the unpaid principal balance. Ohio Rate Manual RP-2.
- Updates to any PJR, including for any FJR, are $50 for each update. This is a filed rate and must be charged for each updated. See Ohio Rate Manual RP-2.1.
- The charge for Extended Coverage Endorsement is based on the amount of coverage provided by its associated PJR. Ohio Rate Manual RP-2.2
- Ohio Title Insurance rates are non-inclusive, so it is possible to charge for search and examination above and beyond the premium charge for the PJR.
