tag:typepad.com,2003:weblog-1582698 2009-02-28T10:52:50-07:00 CE Classes / Continuing Education talk for Utah License Renewal for Realtors, Appraisers, and Mortgage Lenders. TypePad 40.706246-111.856574Subscribe with My Yahoo!Subscribe with NewsGatorSubscribe with My AOLSubscribe with BloglinesSubscribe with NetvibesSubscribe with GoogleSubscribe with Pageflakes tag:typepad.com,2003:post-63466831 2009-02-28T10:52:50-07:00 2009-02-28T10:56:54-07:00 MIKE BALLIF Deed of Trust and the Other Guy, and Naked Rights We were talking the other day and a few folks had the impression the lender was the only party involved (other than themselves) in their mortgage security, and that the...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=ZGdLDr04q4w:6zmyPF2qLQU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=ZGdLDr04q4w:6zmyPF2qLQU:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=ZGdLDr04q4w:6zmyPF2qLQU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2009/02/deed-of-trust-and-the-other-guy-and-naked-rights.html tag:typepad.com,2003:post-63347293 2009-02-25T15:14:03-07:00 2009-03-01T07:18:09-07:00 MIKE BALLIF Vertical Leases and Management Ratios 'Thought I might cover a few random concepts that are of interest to me and sort of fun to re-study …. a bit more fun than reading about the economy.... Mercy... Vertical Leases. A lease...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=uDR9o5gCSgs:VvyEF71tjGM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=uDR9o5gCSgs:VvyEF71tjGM:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=uDR9o5gCSgs:VvyEF71tjGM:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2009/02/vertical-leases-and-management-ratios.html tag:typepad.com,2003:post-62673893 2009-02-10T18:56:52-07:00 2009-02-10T18:56:52-07:00 MIKE BALLIF On January 22, 2009 the Title and Escrow Commission in conjunction with the Utah State Insurance Department invoked a new rule: Rule R592-13. Minimum Charge For Escrow Services. This new rule requires all title insurance agencies operating in the state...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=2_ADqw_kK7g:DpL8fTTt9sY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=2_ADqw_kK7g:DpL8fTTt9sY:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=2_ADqw_kK7g:DpL8fTTt9sY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2009/02/new-utah-law-minimum-charge-for-escrow-services.html tag:typepad.com,2003:post-60652242 2008-12-31T18:18:00-07:00 2008-12-31T18:18:00-07:00 MIKE BALLIF Utah's New REPC Section 19. Assignment has replaced Abrogation as the section contents. There are two concepts between the old and new REPC, Section 19 dealing with assignment and abrogation. The old REPC Section 19 was described the condition of...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=u2pj-czWwDY:jMusJ6aBdgI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=u2pj-czWwDY:jMusJ6aBdgI:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=u2pj-czWwDY:jMusJ6aBdgI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2008/12/utahs-new-repc-section-19.html tag:typepad.com,2003:post-60651838 2008-12-31T17:54:54-07:00 2008-12-31T17:54:54-07:00 MIKE BALLIF Utah's New REPC Section 18. NOTICES The new REPC spells out how to deliver paperwork in this section. Once you're under contract, here's how to deliver paperwork, addendums, and notices which are properly written, signed, and receipted. This section also...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=l1JWsxGrQuM:ibvItgyT9_Y:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=l1JWsxGrQuM:ibvItgyT9_Y:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=l1JWsxGrQuM:ibvItgyT9_Y:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2008/12/utahs-new-repc-section-18.html tag:typepad.com,2003:post-60651302 2008-12-31T17:27:08-07:00 2008-12-31T17:27:08-07:00 MIKE BALLIF Utah's New REPC Section 17. ATTORNEY FEES AND COSTS / GOVERNING LAW. This updated section clarifies that Utah law governs the contract. Old REPC Section 17: 17. ATTORNEY FEES AND COSTS. In the event of litigation or binding arbitration to...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=VZVMaFNb1mg:-bbJQPTbBdI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=VZVMaFNb1mg:-bbJQPTbBdI:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=VZVMaFNb1mg:-bbJQPTbBdI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2008/12/utahs-new-repc-section-17.html tag:typepad.com,2003:post-60616208 2008-12-30T19:58:43-07:00 2008-12-30T19:58:43-07:00 MIKE BALLIF Utah's New REPC Sections 11 - 16 Quick discussion, as the changes are few and minor in these sections:| 11. Final Pre-Settlement Walk-Through Inspection 12. Changes During Transaction 13. Authority of Signers 14. Complete Contract 15. Mediation 16. Default These...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=W1TcV_db76Q:2JlYi2zVTaU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=W1TcV_db76Q:2JlYi2zVTaU:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=W1TcV_db76Q:2JlYi2zVTaU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2008/12/utahs-new-repc-sections-11-16.html tag:typepad.com,2003:post-60152554 2008-12-17T22:03:22-07:00 2008-12-17T22:03:22-07:00 MIKE BALLIF Utah's New REPC Section 10. *********************************** 10. HOME WARRANTY PLAN / AS-IS CONDITION OF PROPERTY. Discussion. The form has changed a little bit, and the Seller's warranties about the condition of the property have changed a lot. Essentially the Seller...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=Ee96mLlmkAk:iEn4SGOkpnw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=Ee96mLlmkAk:iEn4SGOkpnw:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=Ee96mLlmkAk:iEn4SGOkpnw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2008/12/utahs-new-repc-section-10-condition-of-the-property-and-sellers-warranties.html tag:typepad.com,2003:post-60065332 2008-12-15T20:44:59-07:00 2008-12-15T20:44:59-07:00 MIKE BALLIF REPC Section 9. Addenda Utah's New REPC Section 9. Section 9 is re-named from ADDITIONAL TERMS to ADDENDA. There is a bit of rearrangment of the list of addendum names..and the Assumption Addendum is gone. Its effect is treated elsewhere....<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=-i3QMQ7T5Gk:KAq4UV5Dk8s:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=-i3QMQ7T5Gk:KAq4UV5Dk8s:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=-i3QMQ7T5Gk:KAq4UV5Dk8s:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2008/12/utahs-new-repc-section-9-addenda.html tag:typepad.com,2003:post-59967912 2008-12-13T04:52:26-07:00 2008-12-13T04:52:26-07:00 MIKE BALLIF REPC Section 8. Buyer's Due Diligence New Section 8. Discussion.... All the Buyer's contingencies have been re-located to the new Section 8. These are the due diligence items, such as the right to cancel, approval of seller disclosures, tests of...<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=3ANMjMqzB10:RoVYaWDjb4k:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=3ANMjMqzB10:RoVYaWDjb4k:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/typepad/ThePorch?a=3ANMjMqzB10:RoVYaWDjb4k:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/typepad/ThePorch?d=qj6IDK7rITs" border="0"></img></a> </div>http://classrat.typepad.com/porch/2008/12/utahs-new-repc-section-8-buyers-due-diligence-1.html