STANDARD NO. 610

 

 

PROBLEM:

Where title rests on a foreclosure instituted since October 17, 1940, should the examiner require any evidence that the mortgagor was not then or within three months prior thereto in the military service?

RECOMMENDATION:

Yes, where the mortgagor is apparently eligible for military service.

DISCUSSION:

This is contrary to present practice, but the risks imposed by the Servicemembers Civil Relief Act (SCRA), 50 U.S.C. App. §533(c) suggest that present practice be changed in this respect.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First adopted August 25, 1960; amended June 19, 1975 and September 27, 2005. Formerly Title Standard No. 27.

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