Newsletter Archives
Find past AYU! Ask Your Underwriter and Auditor's Corner articles below.
March 2023: Power of Attorney (AYU)
Q: Don’t we need a specific Power of Attorney (POA) for a current party to a real estate transaction?
A: Click below!
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March 2023: Annual Escheat Rules (AC)
Did you know that there are 3 steps you can take this month to be in compliance with the annual escheat rule?
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July 2023: Manufactured Homes (AYU)
Question: What is considered a “manufactured home” in Virginia and how do you identify it?
Answer: Click below!
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July 2023: Escrow Recommended Controls (AC)
Click below to learn more about Escrow Recommended Controls.
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Aug 2023: Certification of Trusts (AYU)
Are all trusts the same? Click below to learn more!
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Sept 2023: Contracts for Deeds & Title Insurance (AYU)
Q: How do Contracts for Deeds and Title Insurance differ for purchasers and sellers?
A: Click below to learn more!
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Sept 2023: Choice of Tenancy (AC)
Choice of Tenancy: which option is right for you? Find out by clicking the link!
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Oct 2023: Underwriting Commercial Endorsements (AYU)
Q: What are the rules for Underwriting Commercial Endorsements in Virginia?
A: Click below to find out!
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Oct 2023: UCC Forms/Financing Statements in Virginia (AC)
Click below to learn more about the modified Universal Commercial Code (UCC) forms in Virginia!
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Nov 2023: Why Title Never Vests in a Decedent's Estate (AYU)
Click below to learn Why Title Never Vests in a Decedent's Estate.
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Nov 2023: Minors in Title (AC)
Q: What to do if you come across a Minor in Title?
A: Click below to find out!
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Dec 2023: Releasing the Lien of a Deed of Trust (AYU)
What to do when Releasing the Lien of a Deed of Trust?
Click below to find out!
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Dec 2023: Policy Revisions & Reissues (AC)
Q: What happens when a policy needs to be revised or reissued?
A: Click below to find out!
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Jan 2024: Can You Insure a Property that Doesn't Have Access? (AYU)
Can you insure a property that doesn't have access?
Click below to find out!
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Jan 2024: ALTA's Best Practices Pillar 2 (AC)
Learn more about ALTA's Best Practices Pillar 2 (updated in 2023).
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Feb 2024: UCC Financing Statements (AYU)
Q: What is a UCC Financing Statement's fate in a foreclosure?
A: Click below to find out!
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Feb 2024: ALTA 2021 Forms (AC)
Learn more about the new ALTA 2021 Forms.
Click Here
March 2024: Judgments Against Life Tenants (AYU)
Q: Must a judgment against a life tenant be released after the life tenant has died?
A: Click below to find out!
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March 2024: Virginia Search Requirements (AC)
Learn more about Virginia Search Requirements.
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April 2024: Business Trusts & Land Trusts (AYU)
Q: What is a business trust? What is a land trust?
A: Click below to find out!
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April 2024: Audit File Documentation (AC April)
Q: What should be filed in the closing file of an agency audit?
A: Click below to find out!
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May 2024: Affirmative Coverage (AYU)
Q: When should affirmative coverage be provided?
A: Click below to find out!
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May 2024: Owner's Affidavit - Residential (AC)
Learn more about the Owner's Affidavit standard requirements for all residential transactions.
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June 2024: Transactions ORT Does NOT Insure (AYU)
Q: Are there any transactions that ORT does NOT insure?
A: Click below to find out!
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June 2024: Commitment Exceptions Removal (AC)
Q: How do you explain when the commitment exceptions can be removed from the final title policy?
A: Click below to find out!
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Sept 2024: Assumption of a Loan (AYU)
Q: What Do I Need to Know About Assumption of a Loan?
A: Click below to find out!
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Sept 2024: Escheat Rules (AC)
Q: What are the rules and guidelines to escheat?
A: Click below to find out!
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Oct 2024: Air Rights (AYU)
Q: What do I need to know about Air Rights in Virginia?
A: Click below to find out!
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Oct 2024: Escheat Deadline (AC)
The Escheat Deadline is fast approaching!
Click below to learn more.
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Nov 2024: HUD Partial Claims Deed of Trust Payoffs (AYU)
Q: What should I know about HUD Partial Claims Deed of Trust Payoffs?
A: Click below to find out!
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Nov 2024: Long Form Loan Policy - Full Search Required (AC)
Q: What should I know about Long Form Loan Policy?
A: Click below to find out!
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Dec 2024: Fraud & the Holiday Season (AYU)
Q: How should I be wary of fraud during the holiday season?
A: Click below to find out!
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Dec 2024: Software Vendors & the Upcoming Rate Increase (AC)
Q: What should I know about the upcoming rate increase for software vendors?
A: Click below to find out!
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Jan 2025: Affirmative Coverage on Encroachments (Title Problems)
Q: Builder constructed a residence on a corner lot so the house angles toward the corner rather than facing either street. The new plat shows the house encroaches 18” into the building setback line at one corner. Can we give affirmative coverage to the owner and/or the lender for the encroachment. What would you do?
A: Click below to find out!
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