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I realized today while trying to do a title loan they misspelled my name and they said the name has to match perfectly to my license. I am hoping I can got to the state tax commission title division first thing in morning and maybe they can correct and reprint since title was already issued. I had to wait ten wks to receive the title and am not wanting to have this wait again. If anything can I get by with an affidavit of correction.

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Q: Can ms state tax commission correct mispelling on title same day?
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Do managers of title companies need to be licensed?

A manager of a title company is not required to be licensed title agent. Only persons actually issuing policies are required to be licensed. Check with your particular state's requirement. In many states, there must be a full-time, licensed title producer onsite during regular business hours in a title AGENCY. Therefore, if that is your state's requirement for a title AGENCY, the answer is YES. Ditto, a licensed title producer's license may be required as a title examiner/title officer, reading title and issuing final policies. However, in some states, if you are a foreign corporation or LLC doing business in that state (meaning you are licensed there, but do not have a physical presence there) ONLY the entity license (office license) and individual holding the entity license must be licensed and registered as title producer. The out-of-state examiners do not have to hold a license in that state and if their home state does not have licensing, they can exam and issue in the foreign state. Again, check with your state's DOBI or DOI as to their requirements. Every state is different. For example, New York does not have licensing requirements at all, however, the Notaries are required to pass a state exam in order to be issued their Notary Public commission. New Jersey, Florida and Pennsylvannia have specific licensing rules as to foreign corps/LLCs as I am sure other states do as well.


Why is there only one Monopolies Commission?

The monopolies commission, or to give it its' full title "The Monopolies and Mergers Commission" exists to prevent monopolies and mergers of companies that may be against the public interest.If 2 such commissions were in existence at the same moment in time then they could merge.So by virtue of remaining a solitary public institution the monopolies commission is fulfilling its' role by preventing a future merger that may be contrary to the public interest.


How much money do you need to start a title company?

There are many steps in starting a title company regardless of the locale. The very first step is registering your name, getting authority to do business in the state by the secretary of state or similar agency that oversees the development of business entities. Then you need to get licensed by the agency in your state that regulates insurance companies/agencies so that you can sell title insurance in your state. Once you are licensed to conduct business in the state and also to sell title insurance in the state, you then go about starting your business. Therefore, I think it will be around £75,000


Is Florida an escrow State?

No, Florida is not an escrow state. Florida along with New York are title states. Title states involve real estate attorneys handling the closing of a home purchase.


What is title commitment?

A title commitment title binder title opinion title reportThe Title Commitment is the instrument provided by the title agency as the "binding" instrument to insure the loan and/or the new owner of the property as to the prior owners' acts against the property.What the exact instrument to insure is called varies from state to state, but in all cases, it is the preliminary instrument "binding" the insurance to eventually issue a final title insurance policy once all conditions and requirements sited in the Commitment/Binder have been satisfactorily met.

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