reQuire Release Tracking
Your source for efficient, guaranteed lien release tracking
reQuire is the leading lien release tracking and reporting service in the real estate settlement services industry. It helps settlement companies improve operations and increase profitability by providing a "no-cost" solution for effectively tracking and reporting the release of liens.
Using its patent pending Release Tracking System, reQuire provides a revolutionary, no-cost, web-based tracking, reporting, and release solution to settlement agents, title companies and lenders. reQuire's goal is to facilitate payoff and release communication between the payoff lender and the settlement agent, attorney or escrow company.
reQuire's fee is $35 per transaction, which is charged to the seller in a sale and the borrower in a refinance. Sellers have the assurance that the General Warranty conveyance is truly lien free and that the underlying note is properly closed and satisfied. Borrowers benefit by knowing that the former lien will be properly released, or, in the case of open lines of credit, that the line remains open and must be closed before the lien can be released. And, settlement agents are able to spend their time on more profitable revenue generating activities.
About reQuire
For more information regarding reQuire, go to www.titletracking.com.