American Title Inc. Vendor Network Abstractor Application

11010 Burdette St.
P.O. Box 641010
Omaha, NE 68164
Phone: (800) 589-7329
Fax: (866) 761- 2569
American Title Inc.
Vendor Network
Abstractor Application
Property Reports
Closings
Last Vesting Deeds
Recordings
Mortgage Verifications
American Title Express – Online Ordering & Delivery
Thank you for your interest in becoming a member of American Title Inc.’s
National Vendor Network.
ABSTRACTOR – Researching properties at a county level. Requirements include, but are not limited to:
Errors and Omissions insurance and state license where needed. Experience Required.
NOTE: In order for this packet to be considered complete you are required to sign
and return the “TERMS AND CONDITIONS OF SERVICE”
ADDITIONAL OPPORTUNITIES WITH AMERICAN TITLE INC:
1.
NOTARY – Witness the execution of loan documents and ensures that all documents have been
signed accurately. Requirements include, but are not limited to: National Notary Association
Certification and background check, Notary license and/or certificate, Errors and Omissions
insurance. Experience required.
Note: Maryland Notaries must provide American Title Inc. with a copy of their Maryland Title
Insurance Producer’s License.
If you meet the requirements for a Notary and would like to be included in our Vendor Network, please
contact [email protected]
All information will be strictly for internal use and kept confidential, not to be distributed or released for
any reason. Please complete the attached Vendor Application and return to American Title Inc. within 24
hours.
If you have any questions during this process, please contact the Vendor Management Dept. between
the hours of 8:00-5:00 cst at 800-589-7329 ext 4596
American Title Inc - Vendor Network
Abstractor Application
Company name:
Date:
(Is this how it reads on your W-9?)
Type of Business:
Corporation
Partnership
Sole Proprietorship
How many years of experience do you have performing abstracts for the purpose of real estate
transfer, or conveyance of title, for attorneys, abstract companies and/or title insurance companies?
Primary Contact:
_________________________________________________________________________________
Additional Contacts:
Full Street Address:
Full Mailing Address:
County:
Office Phone:
Fax:
Mobile Phone:
Pager:
Home Phone:
Email Address:
Website Address:
Do you have the capability to receive Text messages via your mobile device?
*Can you be reached at all times during the work day?
Yes____
Yes
No ____
No
If not, at what time(s) may we contact you?
Do you have Computer Access to county records, in office?
What is your source of title information?
If you use a plant:
Plant
Yes
No
Court/Recorder’s office
Plant Name:
Plant Owner:
How Current is Plant?
Type of Plant:
Does Plant have E&O Coverage?
Yes
Questionnaire
Do you have E&O Insurance?
Yes
No
*If yes, please attach a copy of your current E&O Insurance Certificate.
Are you or the company licensed?
Yes
No
Yes
No
*If yes, please attach a copy of current license.
Are you an Agent for any title insurance underwriters?
If so, for whom?
No
Do you have any claims/judgments pending or have you had
any filed against you in the past 5 years relative to any real
estate transaction(s)?
Have you been arrested for a felony in the past 5 years?
Yes
No
Yes
No
If yes, please explain:
How many orders can you, and/or your staff, handle per day?
Please list all areas of coverage and average turn times?
State
County
Urban
Rural
Please provide a list of your abstractors that will provide service for American Title Inc:
Abstractors Name:
Years of Experience:
*Please attach an additional sheet of information, if required.
Do you have a qualification process in place for your network of abstractors?
If yes, please describe:
Yes
No
Search Fees – (Complete List of ATI Search Products Attached)
_________________________________________________________________________________
In order to finalize our Abstractor Network qualification process on
your behalf, we must receive a signed copy of this completed
American Title Inc Abstractor Application. In addition, we must
receive a completed W-9, the completed list of all ATI Search products
and your fees and a copy of your current E&O insurance certification
cover page.
If you have any questions, please contact:
[email protected]
Signature:
Date:
AMERICAN TITLE INC.:
TITLE PRODUCT DESCRIPTIONS AND FEES
Current Owner Search Group:
$_____________
Provide all requested documents back to when the current owner originally took title. These may
include deeds, open mortgage/deeds of trust, judgments / liens and anything else that may affect title.
Requires a 24-month chain of title.
2 Owner Search (group):
$______________
Provide copies of all deeds for the current AND prior owner. We would also need copies of open
mortgage/deeds of trust, judgments / liens and anything else that may affect title. Requires a 24month chain of title.
Full Search (10 years):
$_______________
Provide all requested documents to cover at least 10 or 20 years. These may include deeds (including
out-sales) probate/death and divorce records, open mortgage/deeds of trust, judgments / liens and
anything else that may affect title.
Full Search 30/60 yrs (group):
$_______________
Provide all requested documents to cover at least 30 to 60 years. These may include deeds (including
out-sales), probate/death and divorce records, open mortgage/deeds of trust, judgments / liens and
anything else that may affect title. Covenants, conditions, restrictions and easements are also
required.
Commercial Search (group):
$_____________
Provide FULL COPIES of all requested documents to cover at least 40 to 60 years on a commercial
parcel. These may include deeds (including out-sales) probate/death and divorce records,
mortgage/deeds of trust, judgments / liens, plat map, right of ways, leases and assignment of rents,
UCC’s, continuations and anything else that may affect title. Covenants, conditions, restrictions and
easements are also required.
Judgment Search:
$_____________
Copies of any open judgments/ liens including State and Federal tax liens.
Update(group):
$_____________
Provide copies of any document(s) recorded from a prior search or specified time frame.
Construction Loan Report (group):
$_____________
Provide pertinent copies of the construction loan recorded within a specified timeframe and anything
recorded after that date, including judgments and liens.
LVD Search (group):
$_____________
Provide a copy of the most current deed since the property was conveyed to the present owner.
Document Retrieval (group):
$_____________
Provide copy of a specific document(s). A reference number or additional information would usually
be provided.
Diversity Disclosure Form:
To better serve our customers, we ask that you voluntarily fill out the information below regarding the ownership structure of
your company. We appreciate your participation in this survey.
Company Name:
Please check applicable boxes:
Service Disabled Veteran Owned
Veteran Owned
Disabled Owned
African American Owned
Asian Pacific Owned
Native American Owned
Hispanic Owned
Subcontinent Asian Owned
Female Owned
Multiple Ethnicity or Unknown Ethnicity
HUBZone Small Business (SBA Certification)
Small Disadvantaged Small Business (SBA Certification)
LGBT Owned (Lesbian, Gay, Bisexual, Transgendered)
Obtain SBA information in the internet: http://www.sba.gopropov or call 202.205.6600, 202.606.4000 or 202.219.9148
Terms and Conditions of Service:
In consideration of payment by American Title, Inc. (“American Title”) for services rendered by
to the following terms and conditions for the service it provides.
(“Vendor”), Vendor agrees
1. Services. Vendor agrees to abstract all documents listed on each order sheet. Comply with the turn-times and instructions
listed on each order sheet following requirements for each type of product ordered by American Title
2. Search Location. Vendor agrees to perform all searches at the appropriate recorder’s office and/or county courthouse,
unless vendor maintains a title plant that is current through the same date as the county recorder’s office.
3. Errors & Omissions Insurance. Vendor, at Vendor’s expense, will maintain professional liability insurance with a minimum of
$30,000 per occurrence coverage liability. Such insurance shall cover the actions and services to be provided by Vendor
hereunder. Insurance coverage required under this section shall not limit the liability of Vendor to American Title.
4. Payment. American Title pays for services rendered via ACH (Automated Clearing House) deposits to your bank account only.
The terms of payment are net 28 days from the ATI closed date of the order regardless of cancellation. Payment will be
initiated on the 28th calendar day (or the next business day if it falls on a Saturday or Sunday date). Payments will be
generated and deposits will be processed in the next weekly payment batch. Funds will be available in your bank account one
business day after email notification. The email notification will provide the remittance information for your deposit. If you
nd
chose not to use ACH, check payments are issued monthly, and are processed on the 2 Wednesday of every month for all
orders closed in our system for the prior month.
5. Confidential Information. Vendor agrees to keep confidential all, and not to use or disclose any, information about
consumers, or the clients, customers and/ or affiliates of American Title, Inc., except as is necessary in the ordinary course of
business to carry out the activities to be performed by Vendor under this agreement. Vendor further agrees to comply with all
legal and regulatory requirements including necessary steps to ensure fulfillment of these confidential obligations, including the
maintenance of such policies and procedures where applicable to ensure compliance with these obligations.
6. Independent Contractor. It is specifically understood and agreed by the parties that Vendor is not a servant, employee, joint
venture, partner, member, manager or agent of American Title. Vendor is only under the control of American Title in that
American Title may approve the results of Vendor’s work and terminate its association with Vendor as provided in this
Agreement; but American Title shall not control the means by which Consultant conducts his business. Vendor is not
authorized to transact business, enter into agreements, or otherwise make commitments on behalf of American Title. Vendor
or its employees, agents, consultants or contractors shall not have any claim under this Agreement or otherwise against
American Title for social security benefits, workers’ compensation, disability benefits, unemployment insurance, vacation, sick
pay or any other employee benefits of any kind. Vendor acknowledges and agrees that American Title is under no obligation to
use Vendor’s services, and that American Title may use competing vendors.
7. Construction/Venue. This Agreement and any disputes arising hereunder shall be governed by and construed in accordance
with the laws of the State of Nebraska. Any lawsuit or action brought by any of the parties hereto shall be filed and adjudicated
in Omaha, Douglas County, Nebraska.
8. Indemnification. Vendor shall indemnify and hold harmless American Title and its shareholders, directors, and employees
from any claim, injury, damage, loss or expense caused to American Title, its customers or other third parties by the breach or
default of this Agreement and/or the negligent acts, omissions or willful misconduct of Vendor or its employees, agents,
consultants or contractors arising under or in connection with this Agreement. The indemnification right shall include, but not
be limited to, the payment of reasonable attorney’s fees and other expenses which may be incurred in settling the claim or
other threatened action, or which may be incurred in any finally adjudicated legal proceeding.
9. Agreement. This Agreement and the Vendor Contract Information contain the entire agreement between the parties and
supersedes in any prior written or oral agreements or course of dealings between the parties. This Agreement shall be
construed and governed by the laws of the State of Nebraska. The parties submit to jurisdiction in Douglas County, Nebraska.
Either party may terminate this Agreement upon thirty (30) days notice to the other party; in the event of termination of this
Agreement for any reason, Paragraphs 3, 5 and 7 shall survive such termination.
The foregoing terms and conditions describe the terms under which Vendor agrees to offer service to American Title. By
signing below Vendor is acknowledging that it has read the foregoing terms and conditions, and agrees with and accepts all of
the terms and conditions for providing service to American Title.
______________________________________ (“Vendor”)
By:
_____________________________________________
Title:
_____________________________________________
Date:
______/________/______
Information Security Requirements and Acknowledgement – Abstracting Agents:
American Title Inc. recognizes Abstracting Agents may conduct business from home or small office settings rather than secure
data centers. The purpose of this acknowledgment is to insure that the basic information security measures are implemented
and maintained.
This form must be signed prior to transferring customer data, orders, or any sensitive material between ATI and Abstractors.
Please read the requirements below and sign at the bottom. Your signature is both an acknowledgement and agreement that
you will adhere to the information security requirements of American Title Inc.
1. I acknowledge that the operating system I use is one of the following:
Macintosh
Windows
2.
I acknowledge that I update my operating system every time my PC notifies me of updates to be installed or on a
routine schedule.
3. I acknowledge that my wireless connection (if applicable) uses WPA, WPA2, WPA3/PSK, or better algorithms for the
encryption of the data in transit. If you have any questions regarding which security setting your wireless router uses,
please contact the manufacturer of your wireless router.
4. I acknowledge that I have a business e-mail account that is different than my personal e-mail account.
5. I acknowledge that when I am away from my PC, I lock the PC so others cannot access it.
6. I acknowledge that I have not given out the password to access my PC to co-workers or other family members.
7. I acknowledge that my PC is protected by personal firewall software provided by the operating system manufacturer
or a third party and that this software is updated automatically at least once a week.
8. I acknowledge that I use virus protection software and full system scans are performed once a week. Signature
updates are done at least once a week as well.
9. I acknowledge that secured data transmission (i.e. secured e-mail) may be required by ATI and am willing to work
with ATI to ensure I am in compliance.
10. I acknowledge there are locked cabinets in my office or working space to store American Title and its client’s sensitive
information during non–working hours or when I am absent from office.
11. I acknowledge that American Title and its client’s documents are shredded upon disposal.
12. I shall permit ATI and ATI’s customers, their parents, subsidiaries, or affiliates, to audit me at reasonable times, with
reasonable notice, to verify my compliance with these Information Security Requirements.
Signature: _______________________________
Printed Name: ____________________________
Date: _____________________________
Accounts Payable Policies and Procedures:
Payment via ACH:
Terms of payment for vendors receiving payments via ACH are net 28 days from the date the portal or paper invoice
is received. Payments will be initiated on the 28th calendar day (or the next business day if it falls on a Saturday,
Sunday or holiday). Payments will be generated and deposits will be processed in the next weekly payment batch.
Funds will be available in your bank account one business day after email notification. The email notification will
provide the remittance information for your deposit.
Payment via Check:
Check payments will be processed on the second Wednesday of every month for all orders closed in our system for
the prior month. If you receive information regarding a payment and you have not received the payment, contact the
AP department using the following email address: [email protected]. If the check was issued
over two (2) weeks ago, the AP department will determine if the check has been cleared from the bank account. If the
check still has not cleared the bank account, a stop payment will be issued and a replacement check will be issued.
Any check cashed by an unauthorized party will require the vendor to complete an original Affidavit of Forgery form
for ATI’s bank. You will be instructed on how to process this form by the AP department.
Any inquiries regarding payments, please contact American Title, Inc. accounts payable department at 800.589.7329 or
[email protected]. The item in question will be researched and resolved within three (3) business days if
at all possible. Requests for payment of files older than three (3) months will NOT be investigated or honored.
Signature: _______________________________
Date: _____________________________
ACH Payment:
American Title, Inc. pays for services rendered via ACH (Automated Clearing House)
The ACH method of payment allows for your payment to be automatically deposited into the account of your choice. A
separate email notification will be sent providing you with the reference information for the service (s) you provided. We can
reference by last name and/or invoice number.
Some of the benefits of receiving payment via ACH are:
Quicker turn-time for payment
th
Payment is initiated on the 28 calendar day (or next business day if it falls on a Saturday, Sunday or
Monday holiday date).
Payments are generated and deposits are processed in the next weekly payment batch
Automatically placed in the account of your choosing
Funds are available in your bank account one business day after email notification
Email notification provides the remittance information for your deposit
No check deposits to make
No lost checks
One time sign-up for the service (unless your account information changes)
Please complete the ACH agreement in its entirety and return to one of the following:
Email:
Fax:
Mail:
[email protected]
866.771.1106
American Title Inc.
Attn: Accounting Department
P.O. Box 641010
Omaha, NE 68164
Please include a copy of a VOIDED CHECK (send an original if mailing-please do not send a deposit slip).
To protect your privacy, the information enclosed on the form will only be seen by the Accounting Department of American
Title, Inc., who is responsible for processing your payment.
Your Tax ID and/or Social Security number must be provided in order to receive payment. Your email address is important if
you would like to be notified of payment details. American Title, Inc. is a SAS70 certified company. Information is treated with
the appropriate level of confidentiality and security.
If you have any questions in regards to the above offer, please contact American Title, Inc. accounts payable department at
800.589.7329.
Authorization Agreement for Automatic Deposits (CREDIT):
I (WE) hereby authorize AMERICAN TITLE, INC. to initiate a credit entry to my (our) Checking
Savings
account in
the entity named below (Depository Institution) and authorize the Depository Institution to accept and to credit the amount of
such entries to my (our) account.
Email Address for ACH Notification:
Tax ID or Social Security Number:
Name of Depository Institution:
City:
State:
Name that Appears on Account:
Transit Routing Number (9 Digits):
Account Number:
This authority shall remain in force until the loan proceeds for which this transaction is for are deposited. In the event of an
error in the credit entry, the correction of which requires that a reversing (debit) entry to be made, I (we) hereby authorize the
Depository Institution to initiate such a debit entry in the amount of the error to my (our) account.
Please check one: Notary
Abstractor
Name: (Printed)
Contact Phone #: (S)
Personal/Business Address:
City:
State:
Signature: ________________________________
Zip:
Date: __________________________________
Please attach a VOIDED CHECK
***THIS FORM MUST BE SIGNED TO RECEIVE YOUR FUNDS VIA ACH***
I do not wish to participate in ACH and understand I will be paid by check monthly. Payments are processed on the
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2 Wednesday of every month for all orders closed in the ATI system for the prior month.
Signature: ________________________________
Date: __________________________________