Document Update: MT Acknowledgment that Real Property is Not Exempt From Execution (Cx1412)
Feb 15, 2022
In 2019, First American Docutech began offering support for clients involved in Fannie Mae’s Community Land Trusts by creating Cx23607 Community Land Trust Ground Lease Rider.
At the time, Cx23607 was based only on the model form for Fannie Mae, FNMA 2100. We have recently decided to also support Freddie Mac’s version of the Community Land Trust Ground Lease Rider, Form 490. This form will be an option on Cx23607 by setting Field 27242 “Documents to Use” to 2 (Freddie Mac).
This change will be in effect on February 23, 2022. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
DR 366113
The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.