APM
This is what APM stands for.
What is the annual Authority Parameters Memo?
Parties have up to 90 days after performing labor or providing materials to do this if they haven't been paid?
What is record a mechanic's lien?
It is an acronym for the most common time frame/deadline used in title and escrow.
What is ASAP?
LOPA
What is a Lack Of Probate Affidavit?
This 3-word term (or its 3-letter acronym) should not appear in Schedule A-2 of a commitment in cases where we don't yet know the buyer or lender's name(s).
What is "To Be Determined" (or "TBD")?
A law enacted in 1994 allows most Superior Court judgment to be extended by this many more years if done within 90 days of expiring.
What is ten?
REETA
What is a Real Estate Excise Tax Affidavit?
It is the main reason we don't include the lender's address in Schedule A-2 of a commitment.
What is it is not part of the lender's legal name?
Special approval will be needed if we're being asked to insure a bankruptcy sale of commercial property free and clear (under 11 U.S.C. Section 363) before this special time frame expires.
What is the 14 day appeal period?
It's the section of the Revised Code of Washington that covers mechanic's liens.
What is RCW 60.04?
The "lifespan" of a Federal Tax Lien ends 10 years and 30 days after this date shown on the lien.
What is the "Date of Assessment"?
MERS
What is Mortgage Electronic Registration System?
This newly adopted endorsement series protects the insured owner against post-policy forgery.
What is the ALTA 49 (and 49.1)?
Only staff from this senior level office may approve insuring land where a Native American Tribe or a corporate entity created by a Native American tribe is one of the parties to a transaction.
What is the Chief Underwriting Counsel's Office?
It's the maximum time after recording a mechanic's lien for the claimant to commence foreclosure proceedings in order to continue perfecting their rights.
What is 8 calendar months?
Unlike many other types of Superior Court judgments, the priority of a judgment foreclosing a mortgage is effective as of this earlier date.
What is the recording date of the foreclosed mortgage?
BFP
What is a Bona Fide Purchaser?
As long as the liability amount is $75M or less he can approve transactions involving boat slip condominiums ("dockominiums"), insuring a change in use of land from a golf course, park or green area to residential or commercial use.
Who is Regional Counsel?
It's the effective date shown on an ALTA 7-06 endorsement in cases where the MHTE was finalized after closing.
What is the date of recording of the MHTE?
WUCIOA
What is the Washington Uniform Common Interest Ownership Act?