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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.

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Q: Do managers of title companies need to be licensed?
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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


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Yes, according to Florida state law. Title XXXIII, chapter 537 (also known as the "Florida Title Loan Act") discusses the requirement that any entity providing title loans must be licensed. Specifically: 537.002 indicates that the industry is regulated and those in the industry must be licensed to participate. 537.004 indicates that a title loan issuer must be bonded (minimum $100,000) and pay application ($1,200), investigation ($200) and/or renewal ($1,200) fees to be considered for a license. 537.005 summarizes the fees and bonding requirements in detail.


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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


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