Add option on title page for selecting who pays for endorsements. Be able to select buyer or seller expense.
Currently, it does not give you the option to select who pays for the endorsements on the owner's policy. For example, the owner may pay for the basic OTP, but it may be the buyer's expense if an endorsement on the OTP is wanted or needed.
We are looking for some feedback on this idea. If you can provide us with some use cases/scenarios when this would be used, how often you come across this situation etc, that would be helpful.
We will be researching this idea, but if you can provide more information, as this will help us determine where it would be most benefical to place this within the application.
It can be contractual.
A seller can pay for the owner's policy but the buyer pays for the endorsements.
Hello
We are looking for some feedback on this idea. If you can provide us with some use cases/scenarios when this would be used, how often you come across this situation etc, that would be helpful.
We will be researching this idea, but if you can provide more information, as this will help us determine where it would be most benefical to place this within the application.
Thank you so much!
E-Closing