Updated with new GA recording requirements on page 1. (Date of Release to Production: 06/29/23)

Updated to add conditional addendum page similar to GAAD.MSC for additional third-party fees. (Date of Release to Production: 08/17/23)

Updated to match revision date on model form. (Date of Release to Production: 08/10/23)

Updated to match revision date on model form. (Date of Release to Production: 08/10/23)

Updated to match revision date on model form. (Date of Release to Production: 08/10/23)

Updated to match revision date on model form. (Date of Release to Production: 08/10/23)

Updated to most recent website version. (Date of Release to Production: 08/10/23)

The State Bar of Georgia recently revised their Title Standard related to the Waiver of Borrower Rights that is typically included with a Georgia Security Deed.  The revision to the Title Standard notes that the absence of a Waiver of Borrower Rights “shall not invalidate the security deed nor prevent the exercise of an otherwise proper power of sale.”

Updated second sentence of third paragraph on page 3. (Date of Release to Production: 08/03/23)

As previously discussed here,  New York passed State Assembly Bill 9433 (AB-9493) this year, which contains amendments to New York’s banking law, executive law, and veterans’ services law.  The bill added new section 6-p to the New York Banking Law, which includes a disclosure requirement for mortgage lending institutions and mortgage bankers that originate residential loans guaranteed under the Servicemen’s Readj