Fees
New Closing Fee
$550/ Side
Threshold that requires High Limits Approval from our Underwriters?
$5,000
Recording of Certificate of Trust
Best Practice to record
What will replace CCE in 2027?
Qualia
New Admin/ Processing Fee (Non - Arvest)
*Bonus 200 Points- What is the Fee for Arvest
$50/side
** Trick question, it is the same, $50/side
Statute of Limitations of a probate
5 Years
Record a Power of Attorney
Required by Law
What does FinCEN stand for?
Financial Crimes Enforcement Network
Additional Parcel Fee
$150 / Parcel
up $50 from $100
Is there a document to sign at closing if paying off a line of credit? If so, name it
Bonus 300 pts: Do you still have to get this signed if Waco is not closing? ( Ex. TI only)
Yes, "Line of Credit - Close" in Print Docs
Yes on the bonus
When listing grantor or grantee on the deed, is it required or best practice to list the state it is registered in following the entity name?
Ex: ABC LLC, an ___________ limited liability company
Best Practice
Tendency: two or more parties with rights. The remaining poeple/ entities receive property upon death
Joint tenants with rights of survivorship
Title Search Fee (non- Arvest)
$600
Statue of Limitations of a Mortgage
5 years after maturation date
Entity Documents in FileScan
All Entity documents including, trust or entities within an entity ( down to a live body)
Best Practice
When property is inherited by means of a will, the person inheriting the property is the
What is Devisee
FinCEN Reporting Fee
Bonus 500 Points- Who is going to pay for that most of the time?
$150
Buyer
TAKEALL
Name endorsements the require UW approval in 10 sec
Whoever gets the most, gets to TAKEALL the points
FinCen Reporting
Required by Law
TAKEALL 15 seconds: Name 3 Arkansas Underwriter contacts
Wes Lasseigne, Jeff Lees, Hayes Ellett, Doug Bachuss
Zac Atwoods, Chas Smith
Katey Sager, Darrin Davidson,
Kelly Strickland, Steve Bolla