Title Industry Resources
Best Practices:
North Carolina is an attorney state, which means searching title to real property is considered the practice of
law under NCGS 82-2. Real estate closings are conducted by licensed attorneys and as such both attorneys and
title companies in North Carolina have adopted the provisions of the Consumer Financial Protection Bureau
(CFPB) and its the Best Practices, formulated by the American Land Title Association (ALTA) in order to protect
the consumer purchaser. Best Practices as formulated by ALTA consists of Seven Pillars set out below:
1. Licensing
2. Trust Account Controls
3. Information Data And Privacy Security
4. Settlement Policies And Procedures
5. Title Policies And Post Closing
6. Malpractice, Errors & Omissions and Fidelity Coverage
7. Consumer Complaints
First Choice Title of North Carolina is committed to adhering to the Best Practices with the highest standards
accorded a title agent in our industry.
Click on the images above to read more about how Best Practices affects you and your closing.
Title Industry Resources
Best Practices:
North Carolina is an attorney state, which means
searching title to real property is considered the
practice of law under NCGS 82-2. Real estate
closings are conducted by licensed attorneys and
as such both attorneys and title companies in
North Carolina have adopted the provisions of
the Consumer Financial Protection Bureau (CFPB)
and its the Best Practices, formulated by the
American Land Title Association (ALTA) in order
to protect the consumer purchaser. Best
Practices as formulated by ALTA consists of Seven
Pillars set out below:
1. Licensing
2. Trust Account Controls
3. Information Data And Privacy Security
4. Settlement Policies And Procedures
5. Title Policies And Post Closing
6. Malpractice, Errors & Omissions and Fidelity
Coverage
7. Consumer Complaints
First Choice Title of North Carolina is committed
to adhering to the Best Practices with the highest
standards accorded a title agent in our industry.