Difference between revisions of "Closing Protection Letters in Arizona"

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(Dual Agent CPLs)
(Dual Agent CPLs)
 
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====Dual Agent CPLs====
 
====Dual Agent CPLs====
 
* There is no specific prohibition against the issuance of a dual agent CPL.
 
* There is no specific prohibition against the issuance of a dual agent CPL.
* The main agent must be a licensed Arizona title agent (along with any required plant access)
+
* The main agent must be a licensed Arizona title agent
 +
* The main agent or its underwriter must have plant access in the subject county where required (population in excess of 100,000).
 
* The secondary agent must be a licensed Arizona escrow company.
 
* The secondary agent must be a licensed Arizona escrow company.
  

Latest revision as of 17:00, 25 February 2019

Overview

Sources

Compliance

Forms

  • Latest CPL Form Filing Date: 11-07-2013
  • Filing Requirements: Rate reg./Form not filed Rate set per AZ 6-841.02
  • Current From: 3172900
  • ALTA Version: 2015

Dual Agent CPLs

  • There is no specific prohibition against the issuance of a dual agent CPL.
  • The main agent must be a licensed Arizona title agent
  • The main agent or its underwriter must have plant access in the subject county where required (population in excess of 100,000).
  • The secondary agent must be a licensed Arizona escrow company.

Rates

  • Buyer: $25.00
  • Seller: $25.00
  • Lender: $25.00
  • Borrower: $25.00

Remittances

Notes

  • Notes:
  • Rate Checked: 5/23/2016
  • By: ABF
  • Manual Date: AZ 6-841.02