@Tom S.Tom, thank you for bringing up a very important point on safeguarding assets (or anything else): The cost of protection needs to be consistent with the risk of loss.

It is the Stock Certificate that you need to safeguard, that can be anywhere, everything else can be copied.The best place to ask specifically would be the Secretary of State's Office for the state of incorporation.  

The reason I ask is because I thought the RMLO was a safe-guard employed by the REI to reduce risk (and, of course, to make sure the person they are putting into a home can afford the home).  

Now that you are changing the locks and officially taking control of the asset, you may be held responsible for anything that happens there.I'm not sure who you hired but companies like Safeguard Properties, Field Asset Services, Mortgage Contracting Services and others can help you with any property preservation needs. 

You may also choose to carry an umbrella or personal liability insurance to safeguard against liability not covered by the specific policies or generated from an alternate activity in the business.Title insurance is a product offered by title companies in essence to guarantee that there is only one claim to ownership of the property. 

I'll offer a counter opinion here but still acknowledge that Tracy's got some validity there ^^I find that pre-booking a Home Warranty and opting to extend the coverage to the seller is an effective tool during the negotiation process AND a decent safeguard for the seller. 

However, you NEED a safeguard against things you discover during due diligence, which is the purpose of the inspection period.  

That specialist agent will be your #1 learning source, because your going to be learning via doing with an experienced veteran safeguarding you in every step. 

In order to even be permitted to run credit reports, my PM company had to go through a physical site visit from a representative of the credit bureau to ensure we have physical (locking filing cabinets, etc), electronic (password protected computer lock screens, etc), and procedural (written policies) safeguards in place to prevent the release of SSNs and other personally identifiable information (PII).So the correct answer to your question is a hearty No, the PM cannot and should not share applicants' credit reports with you.Note: I have since followed up with the law firm that published the article linked above, and they acknowledged that some of this is still the subject of legal debate.

Look at what's been happening the past two years: out-of-state investors are buying up properties and they are waiving inspections, appraisals, and other safeguards.