If the title that you use is the same as the last one, they will bind based on that last point forward to the date that you record and close on the new transaction.If the last insurer was a different company, most all title companies have mutual reciprocal agreements whereby they honor the last company's policy and insure the 'new risk' portion.

That way I can still add some value to our interaction, and in the long run if they can't sell, I have someone that will refer the seller back to me.Excellent, Sam, I forgot about referring to an agent who understands reciprocation.

Best, BobbyBP is just too valuable to not reciprocate.

I like to contribute - but considering the benefit I have received from the this site, I also feel a certain obligation to reciprocate.

For those who are wondering how I came up with 3 times and 2.5 times, the local Housing Authority (they administer the gov't housing voucher program) requires their tenants to contribute 30% of income toward the cost of housing (roughly one third, or the reciprocal of 3), and the housing authority allows up to 40% of income to go towards rent (that is exactly the reciprocal of 2.5).

Naturally, if I can reciprocate any knowledge, I am happy to do so!

Generally states have some way to gain reciprocity (honor other states licensees) or to get licensed easier if you are already licensed elsewhere.

I'm not even certain which state to get it in, and I understand that not all states have reciprocity agreements.Is it truly worth it?

I created an account a little while back and have gotten so much out of reading everyone's posts, but I realize I've been lacking in reciprocal interaction and figured it's time to step it up!

A few have reciprocating agreements with other states.