Escrow & Title
A Maryland title company that performs a settlement must:
ABe a licensed real estate broker
BBe licensed as a title insurance company and comply with Maryland Insurance Administration requirements✓ Correct
CBe approved by MREC
DBe owned by a Maryland attorney
Explanation
Maryland title companies must be licensed with the Maryland Insurance Administration as title insurance companies or agents. Some settlements are also conducted by attorneys.
Related Maryland Escrow & Title Questions
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