Source – TitleInsuranceColorado.com

The Colorado Division of Real Estate has repealed and re promulgated Regulation 3-5-1 (it’s purpose is to protect the consumer and to insure that the title industry in Colorado is freely and fairly competitive and provides valuable products and services to consumers at reasonable rates) and goes into effect on May 1, 2010.

Beginning May 1, 2010, all title entities must begin charging for O&E reports.

To read the entire letter from the Colorado Division of Real Estate click here.

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