«

»

May
09

Landtech Simplifies Abstracting and Title Production!

In some States like Florida, it seems that most of the title companies and real estate law firms get their searches done by a Title Underwriter and then the legal description, requirements and exceptions are imported directly from the underwriter into Landtech usually along with the Property Identification number and the names of the buyers and sellers. This obviously eliminates the need to maintain a title plant, a great expense. Some firms get the searches done by independent searchers. Landtech includes a free program, the Title Information Processor, that lets Landtech customers import title information from independent searchers.

In other states, the Abstractors do the search and work-up of the title commitment and pass it to the Closing Department or Customer. Landtech has added an Abstractor section to the software that allows information to flow back and forth seamlessly between Abstractors, Processors and Closers to use the work of each other for quicker, more efficient transactions.

You can now have up to 8 additional Property Addresses for multi-parcel closings. The lookup index will have the aditional addressses added so that you can look up this type of transaction by any of the Property Addresses. Landtech has also added more fields available to merge and export to reports. There are now over 10,100 Fields in each file, generated by Landtech  for Abstracting, Reporting and Document Production. Anything is possible!

Landtech only puts out real, meaningful improvements to the software on a regular basis, all included at no extra charge in the annual telephone support and update subscription.