I am sure you all are aware of
the new requirement from DC Water that the Seller(or account holder) sign an
authorization form to receive any information on the account including
balances. I sent our general information request form for the Seller,in which
we added authorization for DC Water to the existing language giving
authority for payoffs, etc.
Below is their authorization for our
language:
"A
customer’s signature on this form satisfies DC Water’s authorization
requirements in the following statement:
I
authorize _____________________(title agency) to request loan information,
including tax and payoff information, from my current lender(s) on my behalf;
to order my prior Owner’s Title Insurance policy on the above property; and to
request, on my behalf, any information necessary to clear potential title
issues on the above property, including but not limited to contacting
condominium management companies, neighborhood associations, water and
utility companies, and/or other corporate or governmental entities."
Please amend your forms and you
will be in compliance with DC Water’s requirements.
Regards,
R. Bradley Runyan,
DCLTA WASA Committee Chair