is moving toward "attorney-only"
"In light of the various statutory provisions which have created a confusing legal landscape in Rhode Island for anyone in the title insurance business, the Committee recommends that no civil or criminal proceedings be initiated against SouthCoast Title and its agents, but that the Court make a pronouncement that the following acts constitute the practice of law and can only be performed by a lawyer: (a) conducting a title examination to determine the marketability of title, and (b) conducting a real estate closing.
The Committee further recommends that the aforementioned services, as the practice of law, can only be performed by lawyers in either an unincorporated law firm or as a law firm licensed by the Supreme Court pursuant to Article II, Rule 10 of the Supreme Court Rules."
I like the footnote that emphasizes those states that are attorney only, i.e. Massachusetts, Georgia, Delaware, South Carolina, West Virginia - I see they also noted Alabama....hmmm
Thanks Linda. |
