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.”

Last year, the Georgia legislature passed an update to the state’s recordation requirements statute with House Bill 974.  We previously wrote about House Bill 974 in May 2022 and April 2023.  The bill is effective July 1, 2023, and documents presented for recording in Georgia must comply on that date.

Updated to 05/03/2023 version. (Date of Release to Production: 06/08/23)

New Fannie Mae model form. (Date of Release to Production: 06/15/23)

Updated to 4/2023 version. (Date of Release to Production: 06/15/23)

Updated to 4/2023 version. (Date of Release to Production: 06/15/23)

In order to keep DocMagic software users better apprised of document changes and additions as they occur, DocMagic posts listings of all newly created and revised documents. Here is the list of forms created or modified in June 2023.

To view all New/Revised Documents, click here

Updated to match website version. (Date of Release to Production: 06/08/23)

Updated to match version found in statute. (Date of Release to Production: 05/18/23)

The Social Security Administration (“SSA”) allows financial entities to register and enroll as users of the electronic Consent Based Social Security Number Verification Service (“eCBSV”). This fee -based service allows enrolled users to electronically submit a verification of an individual’s social security record.