Get the newsletter
 
Bookmark and Share
 

Related and Similar Stories

One Million Records Missing From County Site
 
Supreme Court: 'Counties Not Protected By Sovereign Immunity'
 
Criminal Links to Government Web Sites
 
Government Websites Cross Jurisdictions To Serve Your Data Worldwide
 
Identity Theft Sweeps Candidates In and Out of Office in 2006
 
 
 
 
News for Public Officials and the People They ServeGet The News for Public Officials Newsletter - Its Free!

     Bookmark and Share

Are Offshore Title Plants Legal?

David Bloys   View David Bloys's profile on LinkedIn

March 13 2014

Public officials and land title professionals everywhere should be asking their state and federal regulators the same question. For years, public officials responsible for county records have been plagued by demands from foreign title plants and their domestic partners to hand over complete archives of real estate records at taxpayer expense.

This morning I ran across an interesting post by Patrick Wilkes in the Title Insurance Law group on LinkedIn.

"With thousands of trained title insurance professionals unemployed in the US - and substandard title insurance products produced offshore - I wonder why state and federal regulators close their eyes to this foolish (and to consumers, deceptive) practice," Wilkes says.

Is It Legal?

"Many states have laws which proscribe the performance of title insurance outside of their boundaries," according to Wilkes, "Why do they look the other way when the Big Boys contract with offshore title plants"?

It's a good question and one that Wilkes, a national real estate land title consultant should know a lot about. His work history in the title industry spans decades including seventeen years as Chief Title Officer/Commercial Title Officer for Old Republic Title, according to his LinkedIn Profile.

Mr. Wilkes is involved in an ongoing effort to keep title research and title insurance onshore and local. If you would like to learn more, you can contact him through his LinkedIn profile.

 



Get the newsletter - Its Free

 

This website is not affiliated with any government organization, party or program. News for Public Officials is dedicated to providing news, editorials and information that may help elected officials better serve the people who elect them. The information and notices contained on this website are intended as general research and information and are expressly not intended, and should not be regarded, as financial or legal advice. We attempt to ensure that the material contained on the web-site is accurate and complete at the date first published, however you should recognize that information contained on this web-site may become out of date over time and we may be compensated for referrals.  Privacy policy