New Hampshire Revised Statutes 416-A:8-a – Compensation by Title Insurance Company
Current as of: 2023 | Check for updates
|
Other versions
Nothing in this chapter, or in any other provision of law governing the insurance industry, shall be construed to prohibit:
I. Compensation by a title insurance company of an attorney who is licensed to practice for services actually rendered in connection with a real estate transaction, regardless of whether such attorney represents a client in such real estate transaction.
II. Payment to any person of a bona fide salary or compensation for payment of goods and facilities actually furnished or for services actually rendered.
I. Compensation by a title insurance company of an attorney who is licensed to practice for services actually rendered in connection with a real estate transaction, regardless of whether such attorney represents a client in such real estate transaction.
Terms Used In New Hampshire Revised Statutes 416-A:8-a
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- real estate: shall include lands, tenements, and hereditaments, and all rights thereto and interests therein. See New Hampshire Revised Statutes 21:21
- Title insurance: means insuring, guaranteeing, or indemnifying owners of real property or others interested therein against loss or damage suffered by reason of liens, encumbrances upon, defects in, or the unmarketability of the title to said property. See New Hampshire Revised Statutes 416-A:2
II. Payment to any person of a bona fide salary or compensation for payment of goods and facilities actually furnished or for services actually rendered.