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Title Insurance Market Stabilization Act introduced
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Legislative Developments
Monday, February 20, 2017
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The New Mexico Legislature is considering the Title Insurance Market Stabilization Act, which would create a pool for high-risk title insurance for properties affected by intergovernmental jurisdiction disputes. The bill comes shortly after a memorial was introduced in the legislature to ask the superintendent of insurance to study and report on methods to mitigate the creation of high-risk title insurance zones that result from intergovernmental conflict.
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