Recent changes to the North Carolina General Statute now require title insurance companies that wish to serve as lien agents to register with the Department of Insurance.
NCGS 58-26-41(a) requires the following information:
- Name of the title insurance company or title insurance agency consenting to serve as a lien agent pursuant to G.S. 44A-11.1.
- Physical and mailing address, facsimile number and electronic mail address to which notices may be delivered to the lien agent pursuant to G.S. 44A-11.2.
- Telephone number of the lien agent.
Please be advised that as a registered lien agent you are responsible for all of the duties as outlined in NCGS 58-26-45 . You must provide at least 30 days written notice to revoke your consent to serve as lien agent and be removed from the list of designated lien agents.
A potential Lien Agent wishing to operate through LiensNC must contact LiensNC for approval first. You can go to: LiensNC.com - Guides - Lien Agents for forms and instructions.
If you have questions about who is required to select a lien agent or interpretations of the new law please contact your legal counsel. If you have questions about how to select a lien agent please contact a lien agent at the contact information provided on the list of registered lien agents.
If you are a Title Insurance Company or Agency and have questions about registering as a lien agent please contact the Property and Casualty Division of the North Carolina Department of Insurance at the following email address P&Cinbox@ncdoi.gov. For any other questions please send an email to the email address above.