What must a title agent provide alongside a referral for compliance?

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A title agent must provide a written disclosure alongside a referral for compliance to ensure transparency and adherence to legal regulations. This disclosure typically outlines the nature of the relationship between the title agent and the referred service provider, including any financial incentives. It is essential to inform consumers of any potential conflicts of interest and to maintain ethical standards within the industry.

In many jurisdictions, regulatory requirements necessitate that title agents disclose pertinent information in writing to protect consumers and ensure they are making informed decisions about the services they choose. Written disclosures help to establish trust and accountability in the real estate transaction process, making this a critical component of compliance.

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