Monthly Archives: June 2016


What is the Good Funds Law and Why Should You Care?

Did you know there's something called the Residential Closing Funds Distribution Act of 2005 (a.k.a. the "Good Funds" Law)? The Residential Closing Funds Distribution Act of 2005 ("the Act") ensures that checks disbursed at the closing table are backed by good funds at the time of issuance and will not be dishonored when presented to [...]

Ask An Attorney: Is An Owner’s Policy Enough?

We're excited to present this new series on the Melrose Title Company blog "Ask An Attorney." This is a way for us to answer some of the more commonly asked questions and provide clarity and understanding for consumers. In this edition of "Ask An Attorney," our own attorney Jessee Bundy answers the question of whether [...]

By | June 27th, 2016|For Buyers and Sellers, Real Estate|0 Comments