In the ever-evolving landscape of real estate transactions, accuracy and transparency in the verification of services rendered are paramount. The Form T-00 stands as a critical document designed to offer a structured approach to ensure that all services provided in the realm of real estate, specifically title-related services, are duly noted, accounted for, and compensated in accordance with agreed terms. The comprehensive nature of this form takes into account various aspects of the service delivery and compensation process. It requires detailed input from multiple parties involved: the agent or entity requesting payment for services rendered, which could range from furnishing title evidence to closing the transaction; the agent or underwriter issuing the policy, who verifies the services and the associated costs; and finally, the agent or underwriter responsible for compensating the services rendered. Each section of the form is meticulously designed to capture essential data, including service details, payment agreements, and the identities of all parties. Furthermore, the form serves not just as a request for payment but as a declaration of service fulfillment, binding all parties to its attestations through their signatures. With this, Form T-00 emphasizes the importance of record-keeping, mandating all involved parties to retain a signed copy of the form and the related itemized statement or invoice, thereby reinforcing the principles of accountability and integrity in real estate transactions.
| Question | Answer |
|---|---|
| Form Name | Form T 00 |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | tdi t 00, itemized, GF, certifies |
VERIFICATION OF SERVICES RENDERED – Form
INSTRUCTIONS
1.The Agent/Entity desiring to be paid shall complete Section 1, sign, date and deliver the form, together with a written itemized statement or invoice, when the work is performed or delivered.
2.The Agent/Underwriter issuing the policy shall complete Section 2.
3.The Agent/Underwriter paying for the work shall complete Section 3, sign, date and deliver a copy of the form to both the Agent/Entity being paid and the Agent/Underwriter issuing the policy.
4.All parties shall retain in their records a fully signed copy of this Form
SECTION 1 – INFORMATION FROM AGENT/ENTITY REQUESTING PAYMENT
1. Service for which payment is requested: |
Furnishing Title Evidence |
|
Title Examination |
|
Closing the Transaction |
Address of location where work was done for selected service(s):
_________________________________________________________
Order/File/GF# assigned to this order by Agent/Entity doing the work:
_________________________________________________________
2.AGREEMENT REGARDING PAYMENT FOR SERVICE: Percentage or amount of premium (remaining after remittance to Underwriter) agreed to be paid to the Agent/Entity doing the work:
____________________% or $_________________________
3.INFORMATION ABOUT AGENT/ENTITY DOING THE WORK:
Type of entity: Texas Underwriter Texas Title Agent
Texas Attorney at Law or Texas PC organized to provide legal services
Name: ____________________________________
Address: __________________________________
City, State/ZIP ______________________________
Texas Department of Insurance Number or Texas State Bar #: _____________
Undersigned certifies that the service for which payment is requested was actually performed.
______________________________ |
Date: ____________________ |
Signature of Authorized Representative |
|
for Agent/Entity Doing the Work |
|
SECTION 2 – INFORMATION FROM AGENT/UNDERWRITER ISSUING THE POLICY
4. Date of Policy (ies): ____________County Code(s): ___________
Order/File/GF# assigned to this Policy (ies) by Issuing Agent/Underwriter: _________________
5.Issue Type:
Best Evidence (0) – No title evidence from Texas Agent
6.Liability and Premium Amount(s):
Owner Title Policy (ies) |
Liability: $_________ |
Premium: _________ |
Mortgagee Policy (ies) |
Liability: $________ |
Premium: $_________ |
Endorsement(s) |
|
$_________ |
Other |
|
$_________ |
|
TOTAL |
$_________ |
Final amount remaining after remittance to the Underwriter: |
$_________ |
|
Final amount paid to the Agent/Entity doing the work: |
$_________ |
|
FORM |
Sec. V |
7.INFORMATION ABOUT AGENT/UNDERWRITER ISSUING POLICY: Name: ____________________________________
Address: __________________________________
City, State/ZIP ______________________________
Texas Department of Insurance Number: __________
SECTION 3 – INFORMATION FROM AGENT/UNDERWRITER PAYING FOR THE WORK
8.INFORMATION ABOUT AGENT/UNDERWRITER PAYING FOR THE WORK: Name: ____________________________________
Address: __________________________________
City, State/ZIP ______________________________
Texas Department of Insurance Number: __________
Order/File/GF# assigned to this order by Agent/Underwriter paying for the work ___________
Undersigned certifies that the above description of work performed is accurate and the final amount shown paid is correct.
______________________________ |
Date: __________________ |
Signature of Authorized Representative |
|
for Agent/Underwriter Paying for the Work |
|
FORM |
Sec. V |