Best Practice #4:  Settlement Policies and Procedures

Adopt standard real estate settlement procedures and policies that help ensure compliance with Federal and State Consumer Financial Laws as applicable to the Settlement Process.

PURPOSE:  Adopting appropriate policies and conducting ongoing employee training helps ensure the Company can meet state, federal, and contractual obligations governing the Settlement.

INFORMATION:

RELANC Standards of Practice    

RESOURCES (See Resources page):

ALTA Best Practices information   

Sample template (see also title company versions, links on Resources page)

Sample checklists

Sample recording log