Posted by Tess on 4/5/10 12:57pm Msg #330390
Question for NY state
What licensing bureau regulates Title Companies in NY?
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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...
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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???
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Reply by Linda_H/FL on 4/5/10 1:13pm Msg #330396
LOL Tess.. n/m
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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/
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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
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Reply by Tess on 4/5/10 1:26pm Msg #330399
Re: You might be right, sent them inquiry, thanks Sylvia! n/m
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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
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Reply by Mia on 4/5/10 2:12pm Msg #330405
Someone at this website would know........
http://www.nyslta.org/resources.htm
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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.
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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.
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Reply by Tess on 4/5/10 4:39pm Msg #330427
Re: It can wait, thank you Mike!! :) n/m
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Reply by MikeC/NY on 4/6/10 5:38pm Msg #330538
Check your PM n/m
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Reply by Tess on 4/6/10 7:45pm Msg #330553
Re: Very helpful, thank you!!!! : ) n/m
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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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