Notice and Acknowledgment With Respect to Owner's Title Insurance
RE: (address or brief property description)
Pursuant to § 56-35-133, the undersigned purchaser or purchasers, hereby acknowledge(s) that they have received a notice that owner's title insurance may be available to them at their expense.
I(we) hereby desire to obtain owner's title insurance.
I(we) hereby decline to obtain owner's title insurance.
Tennessee law requires that you sign this acknowledgment. I (we) further acknowledge that the settlement agent in this transaction [or insert name of settlement agent here] shall have no responsibility to the undersigned for the status of the title to the real estate we are purchasing.
Signature of Purchaser or
Purchasers
Date:
Notice and Acknowledgment With Respect to Owner's Title Insurance RE: (address or brief property description) Pursuant to § 56-35-133 , the undersigned purchaser or purchasers, hereby acknowledge(s) that they have received a notice that owner's title insurance may be available to them at their expense. I(we) hereby desire to obtain owner's title insurance. I(we) hereby decline to obtain owner's title insurance. Tennessee law requires that you sign this acknowledgment. I (we) further acknowledge that the settlement agent in this transaction [or insert name of settlement agent here] shall have no responsibility to the undersigned for the status of the title to the real estate we are purchasing. Signature of Purchaser or Purchasers Date:
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Structure 2021 Tennessee Code
Chapter 35 - Title Insurance Law
Part 1 - Operation of Title Insurance Businesses
§ 56-35-102. Chapter Definitions
§ 56-35-103. Powers of Title Companies
§ 56-35-104. Business Prohibited Title Companies
§ 56-35-105. Supervision and Control by Commissioner
§ 56-35-106. Certificate of Compliance — Fee
§ 56-35-108. Annual Statement — Forms
§ 56-35-109. Foreign Corporations — Commissioner Appointed to Accept Process
§ 56-35-113. Use of Income From Deposits
§ 56-35-114. Reserve Fund of Domestic Insurers
§ 56-35-116. Deposit and Reserve Funds — Care and Investment
§ 56-35-117. Exchange of Information — Consultation and Cooperation — Limitations
§ 56-35-118. Reasonable Competition Not Discouraged
§ 56-35-120. Attorney-Client Relationship
§ 56-35-121. Persons Recommending Insurance
§ 56-35-122. Rules and Regulations
§ 56-35-123. Conduct of Hearings
§ 56-35-125. Cessation of Business — Procedure
§ 56-35-126. Conflicting Laws — Application
§ 56-35-128. Effect of Laws of Other States
§ 56-35-129. Title Search and Examination
§ 56-35-130. Accounts and Records
§ 56-35-133. Notification to Buyers of the Availability of Title Insurance