March Lunch & Learn with VATC -- Mark Your Webinar Calendar!

DATE: March 10, 2021
TIME:  12:00 p.m. – 12:30 p.m.
Registration Required*

Join us for our first foray into on-line title searching.

Liz Smith will moderate as Eric Foreman and Mark Kirk of RECORDhub discuss helpful tips when searching titles online the RECORDhub platform. 

Due to platform constraints, this webinar is open to the first 175 registrants. However, don't worry if you miss the event, it will be recorded and available on the VATC website within a week of the presentation.

As always, if you watch the whole program and don’t check your email (not even once), you’re entitled to 0.5 hours of CLE!

NOTE: You need to register (green button) in order to receive an email with information to access the program!

SAVE THIS DATE: April Lunch & Learn

DATE: April 14, 2021
TIME: 12:00 p.m. - 12:30 p.m.

VATC Donates $17,500.00 to Vermont Bar Foundation Access to Justice Campaign

VATC is pleased to announce that its Board of Directors approved a $17,500.00 contribution to the Vermont Bar Foundation's Access to Justice Poverty Law Fellowship. 
What does Bar-Related look like?

Since 2011 VATC has contributed $190,000.00 to the Access to Justice Fellowship and the Vermont Bar Foundation. In a press release published by Josie Leavitt from Partners in Justice, Andy Mikell explained this year's donation:

“Although Covid presented many challenges along the way, it was a very busy year for real estate transactions. Real estate law offices worked non-stop. The amount of money that VATC can contribute is directly attributable to the business sent to us by the law firms who choose to work with us. The need for Access to Justice is perhaps greater than ever and we were in the fortunate position of being able to increase this year’s contribution knowing that it would serve more Vermonters in need of civil justice.” 
DFR License Renewal - Action Required

Attention Title Producers (Licensed Agents): You should have received an email from DFR about renewing your Title Producer License (which is required if you sign titie insurance policies). If you have not already renewed your license, NOW is the time to do so. Existing licenses expire on 3/31/21. The renew period runs from 4/1/21 to 3/31/23.

You can renew your license by going to Sircon or NIPR. Note: These are 3rd party sites over which we have no control. If you have problems renewing on-line please reach out directly to DFR.

For additional information please click here to visit DFR's website.
Current COVID-19 Underwriting Guidelines - PLEASE READ!!

Even if you think you know the current protocol, please take one minute to be sure. Re-read current underwriting guidelines which became effective 11/18/20. Non-compliance is not an option.

Current Guidelines are here. Thanks!
Shield Your Business From the Risk of Wire Fraud

We have all been bombarded with emails and other material warning about the risk of wire fraud. At times, it might seem that the risk is overblown. but CATIC knows of numerous instances where agents transferred funds to a fraudulent account, and those funds were not recoverable. The failure to follow proper procedures before wiring funds can be the death knell for a firm’s financial well-being and reputation.

CATIC has established some procedural requirements that will minimize the risk to your firm, and your clients, of falling victim to a wire fraud scheme. Check them out.
Lau's Corner & Title Tips

PrepExpress Online® Tip:

If you have added a lender in the general information tab and the lender information does not print on the CD or the policy, enter the lender information in the contacts area of PrepExpress Online®.
ALTA/NSPS Survey Standards - Effective Now

For projects that come under contract after 2/23/21, the revised standards will apply to ALTA commissioned surveys.

Click here to find a red-line comparison, documenting the changes between the existing standards and the revised 2021 standards.

For a clean version of the 2021 Table A items, please click here.

Questions about ALTA/NSPS surveys? Call or email Andy or Liz.