3.1 CANCELLATION CHARGE
If application is canceled after the Commitment is issued under Company or Agent Procedure, a minimum Charge of $100.00 is to be made for such cancellation.
3.2 ESCROW SERVICE CHARGE
All escrows and escrow services shall be the subject of a written agreement when the Insurer or its Agent holds funds from a settlement or closing for disbursement at some later date. A minimum service Charge of $25.00 shall be made for the first 6 months and a minimum Charge of $25.00 shall be made for each year beyond the initial 6 month period for which the funds are held.
3.3 COMMITMENT ISSUED UNDER THE APPROVED ATTORNEY PROCEDURE
When under the Approved Attorney Procedure an Insurer issues a Commitment, the Charge for same shall be a minimum of $25.00. The Charge may be applied as a credit toward the applicable rate for title insurance.
3.4 PASS-THROUGH CHARGES
Search and examination services are included in the basic and reissue rates for policies issued under the Company or Agent Procedure. Additional Searches and Certifications may be required in a particular closing. If so, they must comply with the following rules:
(a) The actual fee charged the appropriate party will not exceed the charge made by the issuing government agency for the Searches and Certifications shown below. When a HUD-1 Settlement Statement is used, these charges must be reported in the 1300 Section.
(1) Real Estate Tax Searches and/or Certifications.
(2) Water and Sewer Searches and/or Certifications.
(3) Municipal Lien Searches and/or Certifications.
(4) Domestic Relations and Support Lien Searches and/or Certifications.
(b) The actual costs of obtaining certain other Searches and Certifications shown below may be passed on to an Interested Party.
(1) Corporate Lien Searches.
(2) Corporate Good Standing Certificates.
(3) Uniform Commercial code Searches.
(4) Condominium, Cooperative and Planned Community Certifications.
3.5 CLOSING SERVICE LETTER - TRANSACTION SPECIFIC
This letter, which is limited to a specific transaction, when requested provides a Lender with certain protection against fraud, misapplication of funds or failure to follow written closing instructions by the Agent or Approved Attorney, subject to the provisions contained herein. The Charge for the issuance of this letter shall be $35.00, and it shall be remitted in its entirety to the Insurer (which for purposes of this Section does not include Agent or Approved Attorney). (See Supplemental Form Closing Service Letter - TIRBOP PA CSL (10/01/00).)