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Rhode Island introduces attorney-agent bill
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Legislative Developments
Monday, March 7, 2022
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The Rhode Island Legislature introduced legislation that would provide that only attorneys licensed in the state of Rhode Island can act as title agents and that only attorneys could determine insurability and marketability of property. In addition, it would prevent title insurers from discounting title insurance premiums as set forth in rate manuals and prohibit sharing fees from premiums except between licensed title agents and licensed attorneys.
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