Cost: $200 Non-Member; $100 Member.
ACMA's Mortgage Law Summary is an essential tool for anyone engaging in mortgage transactions in states or provinces beyond the borders where their primary place of business is located. Published every two years, the publication provides a summary of current state and provincial laws on topics such as forms of security instrument used, recording requirements, statutes to be waived, usual treatment of standard provisions, future advances, usury, guaranties, foreclosures, statutes of limitation, requirements for releases of lien, mortgage, documentary and transfer taxes, homestead issues, choice of law, receivership, labor and materialmen's liens and title insurance.
The 2017-18 edition of the Mortgage Law Summary contains mortgage laws for the United States, as well as Puerto Rico and all of the Canadian Provinces — making this publication even more indispensable!
Note: The Mortgage Law Summary is not a substitute for local counsel and since laws change constantly and unpredictably, one should always seek a licensed attorney within the applicable state or province for current advice.