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Question for NY state
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Question for NY state
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Posted by Tess on 4/5/10 12:57pm
Msg #330390

Question for NY state

What licensing bureau regulates Title Companies in NY?

Reply by Linda_H/FL on 4/5/10 1:01pm
Msg #330391

I'd start with New York State Dept of Insurance...

so sayeth google...Smile

Reply by Tess on 4/5/10 1:06pm
Msg #330394

Re: I'd start with New York State Dept of Insurance...

That’s who I thought too, tried calling them, and got some dodo brain who said he did not know who licensed them???

Reply by Linda_H/FL on 4/5/10 1:13pm
Msg #330396

LOL Tess.. n/m

Reply by Sylvia_FL on 4/5/10 1:05pm
Msg #330392

I believe it is their Banking Dept

http://www.banking.state.ny.us/

Reply by Sylvia_FL on 4/5/10 1:16pm
Msg #330398

Hmm I got that when I googled.

I looked at the insurance website and found this:

Title agents and abstract companies are not licensed by the Insurance Department

Reply by Tess on 4/5/10 1:26pm
Msg #330399

Re: You might be right, sent them inquiry, thanks Sylvia! n/m

Reply by Mia on 4/5/10 1:05pm
Msg #330393

Try this website... off to the left there may be some info you want.

http://www.dos.state.ny.us/lcns/realestate/brokersyllabus.htm





Reply by Mia on 4/5/10 2:12pm
Msg #330405

Someone at this website would know........

http://www.nyslta.org/resources.htm




Reply by Tess on 4/5/10 3:25pm
Msg #330418

Re: Someone at this website would know........

Thank you Mia! At this point, not sure who I need to talk with, but will investigate further.

Reply by MikeC/NY on 4/5/10 4:17pm
Msg #330425

NY title insurance is regulated by the NYS Banking Department (http://www.banking.state.ny.us/), but they only regulate title insurance rates. As far as I know, there is no licensing of title companies or title producers - yet. I will check with my title people tomorrow, if it can wait until then.

Reply by Tess on 4/5/10 4:39pm
Msg #330427

Re: It can wait, thank you Mike!! :) n/m

Reply by MikeC/NY on 4/6/10 5:38pm
Msg #330538

Check your PM n/m

Reply by Tess on 4/6/10 7:45pm
Msg #330553

Re: Very helpful, thank you!!!! : ) n/m

Reply by Victoria_NJ on 4/8/10 7:54pm
Msg #330839

NY Title Agencies are not licensed , the fees are regulated n/m


 
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