Posted by Dave Bullock on 6/29/10 12:50pm
Msg #342973

Md. TPL etc

Today, I received 4 emails from ss, on subject of tpl. 1 asked for copy of tpl and the affidavit of independent contractor. But did not mention the requirement for placing my tpl info on any deeds/mtgs
one asked for the tpl, and copy of letter of appointment for their particular underwriter.
My point is, that with two days before deadline. None of the 4, appear to be grabbing this situation by the horns.

About 10 days ago, I called my top six. Only once did I get someone who was on it. The others were scratching their head.

Just a heads up.

It appears to me, that all we need to do, is have that affidavit ready, and be prepared to send letters of appointment , or apply to those which we do not have. This is generally
enabled by the underwriter.
good luck

Regards Dave

Reply by Karen/OK on 6/29/10 12:55pm
Msg #342974

I'm sorry Dave, but what is tpl?

Reply by Linda_H/FL on 6/29/10 12:59pm
Msg #342975

Title Producer's License - required in MD and several other states in order to be able to conduct mortgage loan sigings.

Reply by Dave Bullock on 6/29/10 2:04pm
Msg #342983

no matter what we do, as of 7-1-10, we must have a stamp, or print our tpl # and our name and address, on every mtg or deed we notarize. This will at least avoid delays and paper going back and forth.

The rest, the affadavit etc, will eventually work itself out. Do recommend getting your own complete grip as to what the process is

Reply by MW/VA on 6/29/10 2:07pm
Msg #342985

IMO it's great that they're checking & requiring proof. Apparently, there are still
some notaries around that think they don't have to have it, and unethical ss are willing to hire them.

Reply by Ilene C. Seidel on 6/29/10 3:11pm
Msg #342996

It's the SS that's going to scratch their heads. Dave it isn't your job to obtain letters of approval from the title insurers but the hiring title companies job. You will need one for each company that hires you. I'm not sure how this is going to fly since some companies we only work for them once a year.

Reply by Ilene C. Seidel on 6/29/10 3:13pm
Msg #342998

Sorry Dave I forgot but if you read the bulletin from MIA dated June 4 it states "new and renewing applicants for a TPLIC must submit the affidavit to MIA.

Reply by Prosperity on 6/29/10 3:48pm
Msg #343003

I'm mentioning this to everyone who calls me. I'm actually surprised that more are not on top of it. Even some of the bigger companies are scratching their heads. I'm surprised at this. I'm very happy that this will "weed out" those who do not feel it's necessary to do things by the book. I'm also hoping that it will "weed out" the lowballers who tend to bypass the legit signers. This is going to be interesting.

Reply by Prosperity on 6/29/10 3:50pm
Msg #343004

Can also say that my license is up for renewal. I'm glad I got on it early. I remember being able to apply on-line before and then generating the license immediately after paying. They made me send them a copy of my Surety Bond prior to approval. I'm hoping to get it in the mail in a few days. This thing seems to be golden.

Reply by Ilene C. Seidel on 6/29/10 4:12pm
Msg #343009

Good luck to us all Prosperity

Reply by Ilene C. Seidel on 6/29/10 4:11pm
Msg #343007

Hi Prosperity, I'm hoping this will weed out the low ballers too. It won't take lone for people to find out there is a new requirement in Maryland. The DOT will not be recorded and there is a decent fine for those who continue to use non licensed agents. I spoke to MIA last week they are still working on how this is going to be enforced.

Reply by CopperheadVA on 6/29/10 5:09pm
Msg #343025

What happens if the doc is notarized in a different state? I notarized a Deed for a woman today. The property is in MD and she is staying here with family in VA on hospice.

Reply by Ilene C. Seidel on 6/29/10 5:16pm
Msg #343027

Good Question I would think the if the venue is correct i.e. state and county it will alert the recording office where the closing was completed. A TIPIC would not be required.

Reply by MW/VA on 6/29/10 6:49pm
Msg #343035

You're a VA notary & follow VA law.

Reply by CopperheadVA on 6/29/10 6:53pm
Msg #343037

Yes of course I already know that. I was wondering what, if any, impact that would have when the document goes to recording in MD. There will not be a TPL identification number on the document. I do not need to be reminded that I am to follow VA law.

Reply by Ilene C. Seidel on 6/30/10 5:38am
Msg #343111

The title company will have their TPL info on the dot and the recording office will handle it as an out of state closing. It will be recorded without incident.

Reply by MW/VA on 6/29/10 9:26pm
Msg #343074

Sorry, Linda. I didn't mean that in a snippy way. I just meant that the tpl requirement wouldn't carry over to out of state transaction.