The Arkansas Land Title Association welcomes the 2013-2014 President - Jay Orsi
Jay Orsi
Three Rivers Title |
DF&A to Replace Deed Stamps with Online Service
On Friday, June 28, the Department of Finance and Administration sent a letter to title companies, banks and attorneys informing them the old style stamps are being replaced with a single letter size sheet of paper. Those needing revenue stamps will simply log in to the Arkansas Taxpayer Access Point (ATAP) website and print the stamps. Title companies will no longer have stamps on consignment, or be able to buy their own inventory of stamps to keep onsite. Companies will have to register to get a Real Estate Transfer (RET) tax account. Stamps will be paid for at the time of printing through ATAP. Click Here to see letter and a sample of the new stamp, Watch the Designing Spaces Feature on Title Insurance and the Home Closing Process.
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News CFPB Finalizes “Know Before You Owe” Mortgage Forms
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Say goodbye to licking and sticking deed stamps. Beginning September 30, 2013, title companies, attorneys and the local revenue offices will begin using an online service to print documentary stamps.
