ITC Title Insights

Benjamin Franklin is credited with the famous statement “We must all hang together, or most assuredly, we will all hang separately”. (He also said, “Guests, like fish, begin to smell after 3 days”, but that is perhaps for a future article). Of course, he was referring to the fact that by signing the Declaration of Independence, the founding fathers had committed treason against the King and would literally be hung if they did not stick together, work together, and win the Rev

On March 19, 2026, a judge in the U.S. District Court for the Eastern District of Texas ruled that FinCEN lacked legal authority to issue the Residential Real Estate Rule [RRE Rule] and, accordingly ordered that the RRE Rule be vacated. This order renders the RRE Rule without legal effect so long as the order remains in force, meaning covered entities are not required to file reports at this time. In contrast, two-other judges have rejected challenges to the RRE Rule, and Fin

Consumers (in other words, buyers and sellers) expect us to know certain basic things about our business. They are entitled to do that because we all hold ourselves out to be professionals and experts in our field. Knowing the Residential Sales Contract and how to apply at least some of its provisions to real situations is very important and expected. Not long ago we had the buyer’s side of a closing, and the sellers were closing at a different title company. All the docum

So, when can an Escrow be used to solve a problem and get a deal closed? An “after closing” Escrow where the transaction closes but the seller places funds in Escrow to be disbursed as agreed in an Escrow Agreement can be a life saver on deals where the parties want or need to close but there are items still to be done.