Thursday, July 9th, 2009Great news! Title companies are able to offer full property profiles to our Members. More great news: local REALTOR® Associations (like SAR) may receive advertising and promotions from title companies.
Background on the property profiles: the California Dept. of Insurance (CDI) issued a letter June 12 that was unclear in this respect. C.A.R.’s Governmental Affairs Dept. met with the Dept. of Insurance on July 2 and expressed concern about the interpretation of the June 12 letter and its impact on the market. The CDI said they did not intend their letter to be interpreted to prohibit property profiles, and agreed to look at the matter, recognizing the urgency and the need for immediate action. Clarification was received today. View a copy of C.A.R.’s letter to the Dept. of Insurance here. This is how C.A.R. works for your interests.
Continue reading: Title Companies Allowed to Promote and Advertise with REALTOR® Associations
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