/Independent trade coverage
The trade record for transaction coordinators
Every figure on this site is attributed to a named primary source, dated, and corroborated where vendor data is involved.
Reference
Every story the desk has filed under this tag.
2 stories filed under this tag.
The 1 July revisions to the NC REALTORS and NC Bar Association forms rewrite Form 2-T paragraph 1(i), define a banking day, add a governmental reporting clause naming FinCEN, let a seller withhold physical access until the fee arrives, and turn Form 220 into a contract addendum rather than a standalone agreement.
FinCEN's residential rule bites on all-cash entity and trust purchases of one to four units. The title company files the report. The coordinator is the one chasing seven days of identity documents, and the contract now says so.