Embed Size (px)
Citation preview
Date Ordered:
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418
www.1031Vest.com
1031 Exchange Order Form
Ordered by (Applicant):
Firm Name:
Address:
Tel: Fax: E-mail:
Firm Name:
Address:
Sale Price: $ Estimated Closing Date:
Property Address (or enter Block/Lot below):
County:
Exchangor 1 Name: Exchangor 1 E-mail:
Exchangor 2 Name: Exchangor 2 E-mail:
Exchangor’s Address:
Purchaser 1 Name:
Purchaser 2 Name:
Purchaser’s Address:
Exchangor’s Attorney*:
Firm Name:
Address:
Purchaser’s Attorney*: (optional)
Special Instructions:
IRS REGULATIONS PROHIBIT QUALIFIED INTERMEDIARIES FROM GIVING TAX OR LEGAL ADVICE, THEREFORE 1031VEST, LLC (“1031VEST”)DOES NOT PROVIDE ANY LEGAL OR TAX ADVICE IN CONNECTION WITH 1031 TAX-DEFERRED EXCHANGES. DOCUMENTS PREPARED BY1031VEST IN ORDER TO EFFECTUATE A TAX-DEFERRED EXCHANGE ARE IMPORTANT LEGAL DOCUMENTS AND SHOULD BE EXAMINED BYAN ATTORNEY PRIOR TO SIGNING. 1031VEST RECOMMENDS THAT THE EXCHANGOR CONSULT A TAX ADVISOR AND ATTORNEY PRIOR TOCONDUCTING A 1031 EXCHANGE.
PLEASE FAX COMPLETED FORM TO: 212-710-9445
*Same as Applicant *Same as Applicant
Tel: Tel:
Block: Lot:
Date Ordered:
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418 www.1031Vest.com
1031 Reverse Exchange Order Form
Ordered by (Applicant):
Firm Name:
Address:
Tel: Fax: E-mail:
Firm Name:
Address:
Purchase Price: $ Estimated Closing Date:
Property Address (or enter Block/Lot below):
County:
Exchangor 1 Name: Exchangor 1 E-mail:
Exchangor 2 Name: Exchangor 2 E-mail:
Exchangor’s Address:
Seller 1 Name:
Seller 2 Name:
Seller’s Address:
Exchangor’s Attorney*:
Firm Name:
Address:
Seller’s Attorney*: (optional)
Special Instructions:
IRS REGULATIONS PROHIBIT QUALIFIED INTERMEDIARIES FROM GIVING TAX OR LEGAL ADVICE, THEREFORE 1031VEST, LLC ("1031VEST")DOES NOT PROVIDE ANY LEGAL OR TAX ADVICE IN CONNECTION WITH 1031 TAX-DEFERRED EXCHANGES. DOCUMENTS PREPARED BY1031VEST IN ORDER TO EFFECTUATE A TAX-DEFERRED EXCHANGE ARE IMPORTANT LEGAL DOCUMENTS AND SHOULD BE EXAMINED BYAN ATTORNEY PRIOR TO SIGNING. 1031VEST RECOMMENDS THAT THE EXCHANGOR CONSULT A TAX ADVISOR AND ATTORNEY PRIOR TOCONDUCTING A 1031 EXCHANGE.
PLEASE FAX COMPLETED FORM TO: 212-710-9445
*Same as Applicant *Same as Applicant
Tel: Tel:
Block: Lot:
Date Ordered:
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418 www.TitleVest.com www.1031Vest.com
NOTE: TitleVest Services, LLC (“TitleVest”) charges Applicant a $100 service fee for the preparation of ACRIS E-Tax documents for standardarm’s-length transfers, as well as most other conveyance types. TitleVest reserves the right to charge more than $100 for certain complextransactions. In such an event, you will be advised of said charges prior to our performing any work.
ACRIS E-Tax Order Form
Ordered by (Applicant):
Firm Name:
Address:
Tel: Fax: E-mail:
Firm Name:
Address:
Consideration: $ Sale Contract Date: Transfer Date:
Property Type:Coop Condo 1-Family Commercial
Property Address (or enter Block/Lot below):
County:
Grantor 1 Name: Grantor 1 SSN/EIN:
Grantor 2 Name: Grantor 2 SSN/EIN:
Grantor’s Address:
Grantee 1 Name: Grantee 1 SSN/EIN:
Grantee 2 Name: Grantee 2 SSN/EIN:
Grantee’s Address:
Grantor’s Attorney*: (optional)
Firm Name:
Address:
Grantee’s Attorney*: (optional)
Please list any special conditions (non-arm’s-length) that apply to this transfer:
TITLEVEST SERVICES, LLC (“TITLEVEST”) DOES NOT PROVIDE ANY LEGAL OR TAX ADVICE IN THE PREPARATION OF ACRIS E-TAX TRANSFERFORMS, BUT RATHER ACTS SOLELY IN AN ADMINISTRATIVE CAPACITY BASED UPON THE INFORMATION PROVIDED BY THE APPLICANT.ACCORDINGLY, TITLEVEST SHALL NOT BE RESPONSIBLE FOR ANY ERRORS OR OMISSIONS. THESE FORMS ARE IMPORTANT LEGALDOCUMENTS AND SHOULD BE EXAMINED BY AN ATTORNEY PRIOR TO SIGNING.
PLEASE FAX COMPLETED FORM TO: 212-757-0466
Other:
*Same as Applicant *Same as Applicant
Tel: Tel:
Block: Lot:
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418 www.TitleVest.com www.1031Vest.com
NOTE: TitleVest Services, LLC (“TitleVest”) charges Applicant a $100 service fee for the preparation of a Deed. This charge does not include theresearch or preparation of a legal (e.g. metes and bounds) description, which service is available for an additional charge.
Deed Order Form
Date Ordered:Ordered by (Applicant):
Firm Name:
Address:
Tel: Fax:
Type of Deed: Date of Deed:Bargain & Sale with Covenants
Bargain & Sale without Covenants
Warranty with Full Covenants
Quitclaim Administrators
Legal Description Reference:
SEE SCHEDULE “A” ATTACHED HERETO
SEE LEGAL DESCRIPTIONATTACHED HERETO Other:
Record and Return to Address: Same as Applicant OR Same as Grantee OR Enter Address Below
Grantor 1 Name: Grantor 2 Name:
Grantor’s Address:
Grantee 1 Name: Grantee 2 Name:
Grantee’s Address:
Vesting Clause (e.g. as joint tenants):
Vesting Clause (e.g. as joint tenants):
Additional Clauses (optional):
This Property is also known as:
City Register County Clerk of County.
Being and intended to be the same property as conveyed to the grantor herein by deed from:
This deed covers real property improved, or to be improved, by a one or two family dwelling.
District: Section: Block: Lot:
Dated: , and recorded in the Office of the
TITLEVEST SERVICES, LLC (“TITLEVEST”) DOES NOT PROVIDE ANY LEGAL OR TAX ADVICE IN THE PREPARATION OF DEEDSAND RELATED CONVEYANCE DOCUMENTS, BUT RATHER ACTS SOLELY IN AN ADMINISTRATIVE CAPACITY BASED UPONTHE INFORMATION PROVIDED BY THE APPLICANT. ACCORDINGLY, TITLEVEST SHALL NOT BE RESPONSIBLE FOR ANYERRORS OR OMISSIONS. THESE FORMS ARE IMPORTANT LEGAL DOCUMENTS AND SHOULD BE EXAMINED BY ANATTORNEY PRIOR TO SIGNING.
PLEASE FAX COMPLETED FORM TO: 212-757-0466
Executors
E-mail:
Name: Firm Name:
Address:
Please Provide: HPD-Multiple Dwelling Registration FormHPD-Affidavit in Lieu of Registration OR
Please provide transfer tax forms (additional $100 charge)
For NYC Properties, pleasecomplete TitleVest’s ACRISRequest Form
Special Instructions (list additional grantors/grantees):
Type of Service
TOTAL:
SUBTOTAL:
Coop Lien Searches
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
UCC Filings
ACRIS E-Tax Preparation
Courtesy Recording Charges
Title Insurance
1031 Forward Exchange
1031 Reverse Exchange
Mortgage Foreclosure Certificates
Zoning Lot Exhibits
Business Searches
Attorney Searches
Escrow Services
Other
A 3% service charge applies if subtotal is greater than $1,000.
Order Number(s) Quantity Charge
IN CONNECTION WITH THE SERVICES TO BE PERFORMED BY TITLEVEST AGENCY, INC. AND/OR ITS AFFILIATES ("TITLEVEST"), I HEREBYAUTHORIZE TITLEVEST TO CHARGE MY CREDIT CARD FOR THE TOTAL CHARGE SET FORTH ABOVE. I UNDERSTAND THAT I AM RESPONSIBLEFOR PAYING FOR THESE SERVICES EVEN IF MY TRANSACTION DOES NOT CLOSE FOR ANY REASON. FOR ANY PAYMENT WITH A TOTALCHARGE EXCEEDING $1,000 I UNDERSTAND THAT TITLEVEST WILL COLLECT A 3% SERVICE FEE.
Card Number:
Type of Card:
Credit Card Information:
Expiration Date:
Cardholder Name:
Billing Address:
Cardholder Signature
CCV:
MasterCard Visa American Express
CREDIT CARD AUTHORIZATION FORM
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418www.TitleVest.com www.1031Vest.com
Phone Number:
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418
www.TitleVest.com
Date Ordered:Ordered by (Applicant):
Firm Name:
Address:
Tel: Fax: E-mail:
Firm Name:Listing Agent*:
Tel: Fax: E-mail:
Commission: Processing/Handling Fee: Home Warranty:
Purchase Price: $ Loan 1: $ Loan 2: $
Seller(s):
Lender(s): Condo/HOA Assoc:
Property Address:
County:
PurchaseRefinance
ResidentialCommercial
*Same as Applicant
Firm Name:Selling Agent*:
Tel: Fax: E-mail:
*Same as Applicant
Firm Name:Lender’s Attorney*:
Address:
Tel: Fax: E-mail:
*Same as Applicant
Survey: Will Advise Try to Locate Survey Endorsement Get Quote for New Survey Not Applicable
Attachments: Contract Addendums Prior Policy
PLEASE FAX COMPLETED FORM TO: 561-333-3553
Special Instructions:
Purchaser/Borrower(s):
Commission: Processing/Handling Fee: Home Warranty:
Florida Title Order Form
Other
REQUEST FOR: Title Insurance Coop Lien Search 1031 Exchange
Foreclosure Search
Copy of Last Deed Only
Attorney Search
Business Search
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418www.TitleVest.com www.1031Vest.com
Date Ordered:Ordered by (Applicant):
Firm Name:
Address:
Tel: Fax: E-mail:
Firm Name:Purchaser/Borrower’s Attorney*:
Address:
Tel: Fax: E-mail:
Purchase Price: $ Loan 1: $ Loan 2: $
Seller(s):
Lender(s): Coop Corporation:(coop orders only)
Property Address:
County: Block: Lot:
PurchaseRefinance
ResidentialCommercial
*Same as Applicant
Firm Name:Seller’s Attorney*:
Address:
Tel: Fax: E-mail:
*Same as Applicant
Firm Name:Lender’s Attorney*:
Address:
Tel: Fax: E-mail:
*Same as Applicant
Survey (title orders only): Will Advise Try to Locate Survey Endorsement Get Quote for New Survey Not Applicable
PLEASE FAX COMPLETED FORM TO: 212-757-0466
Special Instructions:
Purchaser/Borrower(s):
THE 1031Vest ADVANTAGE
1031Vest, LLC prides itself on offering the highest level of service to real estate professionals throughout the
United States. When you select 1031Vest as your Qualified Intermediary (“QI”) you can be confident that your tax-
deferred exchange will be handled with the highest degree of knowledge, experience and integrity.
WITH EVERY 1031Vest TRANSACTION WE OFFER:
■ Segregated, interest-bearing escrow accounts
All exchange funds are deposited into new, segregated escrow accounts bearing the Exchangors’ names and are notcommingled with other funds.
■ Competitively high interest on exchange funds
All exchange funds earn a competitively high rate of interest during the entire term of the deposit.
■ $750 flat fee for forward exchange
1031Vest’s competitively priced, one-time flat fee covers all aspects of the exchange process including the preparation of allrequired exchange documents and escrow services.
■ 45 and 180-Day Online Tracking System
1031Vest's state-of-the-art, 45 and 180-day online tracking system helps ensure that the Exchangor or their advisor is always aware of the exact number of days remaining within the 45-day window for identifying replacement property and the180-day period to complete the exchange.
■ Bonded and insured
1031Vest’s Qualified Intermediary services are backed by both a professional liability insurance policy (through Lloyds of London) and a fidelity bond (through Continental Casualty Company).
■ Member Federation of Exchange Accommodators
1031Vest is a proud member of the prestigious Federation of Exchange Accommodators, the only national trade associationfor Qualified Intermediaries.
■ Outstanding client service
1031Vest is staffed by a team of highly qualified 1031 exchange specialists who pride themselves on offering the highestlevel of client service to Exchangors and their advisors. The 1031Vest team of exchange experts includes a CertifiedExchange Specialist (the industry's highest professional designation), a Certified Public Accountant (CPA), and several attorneys.
New York Office: 44 Wall Street 10th Floor New York, New York 10005 T: 212.710.9444 F: 212.710.9445Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418 T: 866.766.1031 F: 561.333.3553www.1031Vest.com
866-766-1031 [email protected]
1031Vest, LLC’s “Basic Requirements for a 1031 Exchange” is intended to provide an overview of the steps involved inconducting a 1031 tax-deferred exchange. This document does not address all issues involved in an exchange. If you have anyquestions about the 1031 exchange process or any of 1031Vest’s services, a 1031Vest exchange specialist will be happy toassist you. Please call us at 866.766.1031 or email us at [email protected]. Please note that the IRS regulations prohibitQualified Intermediaries (QI) from giving tax or legal advice. 1031Vest recommends that the Exchangor consult a tax advisorand attorney prior to conducting a 1031 exchange.
STEP 1: MAKE SURE ALL PROPERTIES QUALIFY FOR A 1031 EXCHANGE
■ The relinquished (old) and replacement (new) property must be held for productive use in a trade or business or for investment purposes and be of a like-kind. Property acquired for immediate resale or property used as the taxpayer’s personal residence does not qualify for an exchange.
■ Real properties generally are of like-kind, regardless of whether the properties are improved or unimproved. For example, a commercial building or condominium unit is like-kind to vacant land. However, real property in the United States and real property outside the United States are not like-kind properties. Additionally, personal properties of a like asset or product class are like-kind properties (e.g. office equipment, vehicles, etc).
■ Cooperative Apartments are considered qualifying property in many states, including New York and California. Additionally, leases in excess of 30 years are like-kind to fee interest in real property.
■ Section 1031 does not apply to exchanges of inventory, stocks, bonds, notes, other securities or evidence of indebtedness, or certain other assets.
STEP 2: ADD “COOPERATION” PROVISION TO CONTRACT OF SALE FOR THE RELINQUISHED PROPERTY
Make sure the sales contract provides for the assignment of the Exchangor’s rights to the QI (i.e. 1031Vest, LLC), as well as obligates the purchaser(s) tocooperate with the exchange. Similarly, the contract to purchase the replacement property should provide for the assignment of the contract and thecooperation of the seller(s).
STEP 3: ENGAGE 1031VEST
Engage 1031Vest prior to the sale of the relinquished property or if performing a “reverse exchange” (i.e. when the replacement property is acquired prior tothe sale of the relinquished property), prior to the purchase of the replacement property. 1031Vest will prepare all of the required exchange documents.Certain documents (e.g. the Exchange Agreement and Assignment of Contract) must be signed by the Exchangor and returned to 1031Vest prior to thetransfer of the relinquished property.
STEP 4: CLOSE ON SALE OF RELINQUISHED PROPERTY
It is essential that neither the Exchangor nor the Exchangors’ agent(s) take actual or constructive receipt of the proceeds from the sale of the relinquishedproperty. The funds must be deposited directly with 1031Vest. This is why 1031Vest must be engaged prior to the sale of the relinquished property.
STEP 5: IDENTIFY REPLACEMENT PROPERTY
The Exchangor has 45 calendar days from the date of closing of the relinquished property to identify potential replacement property, which can be done easilyand quickly using 1031Vest’s 45-Day Identification Form. The Exchangor may identify any number of replacement properties, but must comply with one ofthe following three rules:
■ 3-Property Rule - The exchangor may identify up to three replacement properties without regard to their value; OR
■ 200% Rule - The exchangor may identify as many properties as desired as long as the total value of all the properties does not exceed twice the value of the relinquished property; OR
■ 95% Rule - The Exchangor may identify as many properties as desired but the properties purchased must have a value equal to at least 95% of all of the properties identified. For example, if five properties are identified worth $1 million collectively, the properties purchased must have a value of at least $950,000.
Note: To defer all of the capital gains tax on the sale of the relinquished property, the Exchangor must (i) purchase replacement property that is of equal orhigher value than the relinquished property, and (ii) reinvest all of the proceeds from the sale of the relinquished property toward the purchase of thereplacement property.
STEP 6: CLOSE ON PURCHASE OF REPLACEMENT PROPERTY
The Exchangor must purchase and take title to the new property exactly as title was held to the relinquished property. The Exchangor has 180 calendar daysfrom the date of closing of the relinquished property to close on the replacement property. Note: It is important to remember that the 45-day identificationperiod runs concurrently with the 180-day closing period.
New York Office: 44 Wall Street 10th Floor New York, New York 10005 T: 212.710.9444 F: 212.710.9445Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418 T: 866.766.1031 F: 561.333.3553www.1031Vest.com
866-766-1031 [email protected]
BASIC REQUIREMENTS FOR A 1031 EXCHANGE
CLIENT TESTIMONIALS
“You guys are fantastic. Never before in my 25 year career have I gotten a title report the same day, even when the company waspreviously on the property. Keep it up, you are making me a believer!"
– Jeffrey A. Moerdler, Esq.Mintz, Levin, Cohn, Ferris, Glovsky
“ . . . Not only does your ACRIS ASAP program make drafting transfer documents extremely easy, but your attention to detail isextraordinary. I received a reminder e-mail this morning to print out cover pages for ACRIS documents that I completed in advance lastweek. . .”
– Peter Graubard, Esq.Graubard & Nihamin, PC
“ . . . Your ACRIS ASAP is the single most useful software I have ever used. My first try at the NYC ACRIS website took me almost 3 hoursto enter information, but your program takes me less than 5 minutes to input data in an easy and logical format. Your system makescreating the dreaded E-Tax Forms almost fun!“
– Gerald R. Levine, Sr., Legal Assistant to John M. Paige, Esq.Law Office of John M. Paige
“ . . . In addition to being proactive in clearing title, your staff is always eager and willing to help. . .”– Christopher R. Adams, Managing Director
Unison Site Management, LLC
“ . . . With all the title companies out there, TitleVest is a rare find! Premium services at basic rates and a top notch staff to boot! I CAN’TRECOMMEND THEM ENOUGH!"
– Jeanne Bundrick, Esq.Law Office of John B. Manning
“ . . . You run one wonderful operation. Just the fact that you run it as well as you do, that you all are so responsive and upbeat alone,and that it is a fantastic site and title operation/company is amazing to myself and to many of my peers. . . “
– Diane Ungar, Esq.Law Office of Diane E. Ungar
“ . . . TitleVest stands out from the pack as an innovator, making my job as an attorney much easier. Combining free access with everimproving cutting edge tools, and ready access with a knowledgeable and helpful staff, TitleVest has earned my enthusiastic support andmy business. . ."
– Jay Hollander, Esq.Hollander & Company, LLC
“Like my telephone and computer, TitleVest is an indispensable tool for my business." – Joseph Meerbaum, Esq.
Meerbaum & Company, Inc.
“ . . . I am solicited on a weekly basis by companies wanting our business and I can’t think of one reason to switch. Keep up the goodwork!"
– Jon C. Biondo, Esq.The Law Office of Jon Biondo
“Wow! I can’t thank you enough for your ACRIS ASAP service. And, it’s free, no less. You really are to be congratulated.” – Ellen M. Massey, Esq.
Law Office of Ellen M. Massey
“ . . . When another firm took over 10 days to complete a coop lien search, I looked around and discovered TitleVest. TitleVest completesmy orders within three days, plus I can see my report on-line. I can place orders at any hour on-line, plus I receive an immediate emailconfirmation."
– Errika Kalomiris, Esq.Law Office of Errika Kalomiris
“ . . . I just started taking advantage of your UCC department and have been blown away with how much easier my life has been (the e-mail confirmations really do save me so much time). You guys have been doing a great job."
– David DiMaulo, Settlement Dept.The New York Mortgage Company, LLC
“Ever since trying TitleVest on one of our acquisitions several years back, my partners and I wouldn’t consider using anyone other thanTitleVest to handle our title work.”
– Lionel Medina, Real Estate InvestorRK Properties
“. . . Once again, TitleVest saves the day! A great job from all involved, you really saved my behind on this one!! Bill, you have a helluvacrew over there!"
– Thomas A. Kain, Jr., Supervisor, Real Estate Dept.Bee Ready Fishbein Hatter & Donovan, LLP
“. . . Thank you very much for the excellent work on all my title reports I have ordered...your service is the best so far!! – Iris Cajigas-Espinoza, Sr. Loan Processor
Mid-Atlantic Mortgage Group, Ltd.
“ . . . On a scale of 1-10, I would rate your service and team of professionals a 10+! The human factor is definitely a big plus." – Michael Schneider, Esq.
Law Office of Michael Schneider
“ . . . It was not until I began working with TitleVest that I realized how low my expectations were of my previous title companies. TitleVesthas been more than a title company to me. On many occasions, TitleVest provided, in addition to customary title work, (which, needless tosay has always been at the highest level of service), advice on many issues, such as transfer taxes, 1031 exchanges, structuring of realestate transactions, even if we never actually employed them as the title company on the specific file . . .”
– Lilach Chemtob, Esq.Wender Law Group, PLLC
“I first heard about TitleVest from another attorney at a co-op closing. He told me that you prepare ACRIS forms for only $50.00, which ismuch less than the fees charged by other title companies. After ordering the ACRIS forms, I was impressed by your technology and Istarted ordering all of my lien searches from you. Now, I refer all of my colleagues to TitleVest."
– Michelle Freudenberger, Esq.Law Office of Michelle Freudenberger
“. . . I cannot tell you how refreshing it is to work with a company where live people answer the phone. THANK YOU. . .”– James Duggan, Esq.
NYC Home Savers, LLC“Such speed! Unbelievable service."
– Matthew Worner, Esq.Law Office of Matthew Worner
“Your company, product and service is really great. You have made things so much easier on sales and if something is wrong, your officepeople are intelligent and extremely helpful. Thanks!"
– Sandy AdelsbergSandy Adelsberg Realty
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418www.TitleVest.com www.1031Vest.com
IN THE PRESS
“TitleVest has managed to differentiate itself from the faceless others in the title business and findsuccess by offering superior service and technology.”
– Real Estate Weekly
“TitleVest’s website can help you avoid being shocked by closing costs.” – NY1 News
“We are delighted to team up with an industry leader like TitleVest, which understands the power oftechnology…”
– Donald M. Beck, VP - Adobe Systems Incorporated
“TitleVest’s ACRIS ASAP is an indispensable tool for real estate professionals.”– Real Estate Weekly
“The bottom line with TitleVest’s ACRIS ASAP is that it takes attorneys a fraction of the time to create allof the required ACRIS E-Tax forms…”
– New York Real Estate Journal
“TitleVest’s typical turnaround for processing orders is probably among the fastest in the country…” – Development New York
“1031Vest, a member of the prestigious Federation of Exchange Accommodators, distinguishes itself withboth outstanding service and advanced technology.”
– Real Estate Weekly
“Titlevest is leading the way in transforming the title insurance industry.” – New York Real Estate Journal
“Any company that offers such well-designed tools for free is going to be exceptional when it comes to itscore business.”
– Mann Report
“Titlevest’s latest version of ACRIS ASAP turns the E-tax forms and the Cover Pages into one easy step.” – Cityfeet.com
“Titlevest’s phenomenal growth can be attributed in large part to word-of mouth referrals from theirexisting, ‘raving’ clients.”
– Development New York
“Titlevest continues to identify new opportunities to reshape the real estate industry-and its use oftechnology-one day at a time.”
– New York Real Estate Journal
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418www.TitleVest.com www.1031Vest.com
Experience the TITLEVEST difference for:
INDUSTRY-BEST SERVICES
TITLE INSURANCE■ Policy issuing agent for six of the largest underwriters:
■ First American Title Insurance Company of New York■ First American Title Insurance Company (NJ & FL)■ Chicago Title Insurance Company■ Fidelity National Title Insurance Company■ Old Republic National Title Insurance Company■ Stewart Title Insurance Company
■ Industry’s most technologically-advanced and user-friendly website.■ Place, track and view orders, schedule closings, select closers and confirm closings online-24/7.■ Lightning fast turnaround: 3-4 days for most counties (faster if needed).■ Friendly, professional, experienced staff that’s eager to help.■ Proactive in clearing title exceptions.■ Streamlined process for tracking down old surveys and obtaining competitive bids for new surveys and updates.■ Title report and policies archived online for secure future access.■ Email alerts when documents (e.g. deed, mortgage, etc.) are recorded.■ Bonded and insured.■ Industry’s best closers.■ Offices in New York and Florida. Licensed in New Jersey.
COOP SERVICES■ Leading provider of Cooperative Apartment Lien Searches, Leasehold Policies and UCC filings.■ Lightning-fast turnaround time: 2-3 days.■ Same day rushes at no additional charge.■ Place, track and view orders and request contins online.■ Web-based UCC forms with Autofill functionality facilitates the filing of UCC Financing Statements.■ Proprietary technology alerts of UCC recordings in real time.■ Backed by $3 million errors and omissions policy.■ Competitively priced:
■ Coop Lien Searches: $250 per lien search. ■ UCC Filings: $75 per filing.
ACRIS E-TAX PREPARATION SERVICES■ Leading provider of ACRIS E-Tax forms preparation and filing.■ Lowest rate in the industry.■ Typical turnaround is same day.■ Rush orders, even from the closing, at no additional charge.■ Revisions made at no additional charge.■ Forms sent via email and also accessible 24/7 at TitleVest.com.■ Automatic confirmation when E-Tax forms are filed with NYC Dept. of Finance (for coop transactions only).
OTHER SERVICES
■ 1031 Exchanges (via 1031Vest, LLC) ■ Zoning Lot Exhibits■ Mortgage Foreclosure Certificates ■ Business searches■ Lien searches/attorney searches ■ Escrow services■ Due-diligence research ■ UCC/Real Property "courtesy recordings"
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418
www.TitleVest.com
CREATING LEGAL FORMS■ Industry’s best web-based solution powered by Adobe Systems’ most advanced technology.■ Quickest and easiest way to create all of your real estate forms.■ Accessible from any computer connected to the internet–24/7.■ Forms automatically share information, drastically reducing the amount of work involved.■ Contains over thirty of the most current and widely used legal forms.■ Print, save and edit your forms at any time.■ Integrated with TitleVest’s ACRIS ASAP to streamline and automate the creation of NYC’s ACRIS E-Tax forms.
CALCULATING CLOSING COSTS■ Industry’s most robust, yet user-friendly web-based tool for calculating your exact closing costs for all transaction types.■ Provides an itemized breakdown of all closing costs.■ Calculator will make likely assumptions for you based upon the transaction type and other information.
■ Easy to understand “Learn More” button available for assistance at every step of the way.■ Print and/or save calculations on your personalized home page.
CREATING ACRIS E-TAX FORMSBy using TitleVest for the creation of your ACRIS E-Tax forms, you have two options:
Option A: Create your own forms for free with ACRIS ASAP:■ Simple one-page form vs. City’s laborious multi-page forms.■ Ensures that required fields are not omitted.■ Automatically creates the mandatory cover pages for coop transfers and sends a confirmation when the forms are filed
with the NYC Dept. of Finance.■ Pre-populates fields from existing TitleVest orders, legal forms and E-Tax transactions.■ Automatically transfers data to City’s ACRIS site and generates transfer documents in approximately one minute (posted as a
PDF attachment at TitleVest.com).■ Allows you to log into City’s ACRIS site at any time to make changes or to provide access to purchaser’s title company to
create cover pages.■ Handles non-standard transactions (i.e. pursuant to a trust agreement or will, pursuant to marital settlement or divorce
decree, gift transfer not subject to indebtedness, gift transfer subject to indebtedness, quit-claim deed, gross-up, underlying pre-existing mortgage, continuing lien deduction) with a click of a button.
■ It’s free!
Option B: Let TitleVest’s experienced staff create your E-Tax forms for a nominal fee:■ Lowest rate in the industry.■ Typical turnaround is same day.■ Rush orders, even from the closing, at no additional charge.■ Revisions made at no additional charge.■ Forms sent via email & also accessible 24/7 at TitleVest.com.■ Automatically creates the mandatory cover pages for coop transfers and sends a confirmation when the forms are filed
with the NYC Dept. of Finance.
Experience the TITLEVEST difference for:
INDUSTRY-BEST TOOLS
New York Office: 44 Wall Street 10th Floor New York, New York 10005 / Florida Office: 4521 PGA Boulevard, #289 Palm Beach Gardens, Florida 33418
www.TitleVest.com
