Current through December 10, 2024
Section 0780-01-12-.05 - ALL INCLUSIVE RATES - EXAMINATION FEES(1) Any title insurance company which, under its plan of operation, either directly or through its title insurance agency or title insurance agent, will pay any portion of its schedule of all inclusive rates to an approved attorney for examination of title shall file with the Commissioner a statement of that portion of such rate which will be paid therefor. Such portion need not be the same in all counties.(2) No title insurance company, title insurance agency or title insurance agent shall pay to an approved attorney any portion of an all inclusive rate unless such approved attorney does, in fact, examine and certify to the title insurance company the title insured.(3) Any additional fees charged by an attorney to a client shall not be paid by the title insurance company, its title insurance agencies or its title insurance agent.Tenn. Comp. R. & Regs. 0780-01-12-.05
Original rule certified June 10, 1974. Repeal and new rule filed January 20, 1984; effective February 19, 1984. Repeal and new rule filed November 10, 1994; effective January 24, 1995.Authority: T.C.A. §§ 56-35-111, 56-35-122 and 56-35-129.