Guide Letter 1927-B-1

Guide Letter Approved
OMB No. 0575-0147
RD Guide Letter 1927-B-1
PROCEDURE REFERENCE

RD Instruction 1927-B.

PURPOSE

To provide a means for the loan applicant, or the loan applicant and
the seller if land is being acquired, to request title examination, loan
closing, and related legal services from approved attorney/title
company, and to make clear who is to pay the fee.

UNITED STATES DEPARTMENT OF AGRICULTURE
RURAL DEVELOPMENT
FARM SERVICE AGENCY
(Location)
REQUEST FOR TITLE OPINION AND LEGAL SERVICES

Date:
Dear
The undersigned hereby request(s) you to prepare a title opinion and perform loan closing and other legal
services in accordance with instructions and requirements of the Agency, particularly RD Instruction
1927-B (7 CFR Part 1927, Subpart B) including the disbursal of any funds that I am required to provide in
connection with the transaction by the Agency. The Agency is furnishing you a description of the real
property to be mortgaged. It is understood that the fee (insert applicable statement or statements from the
following):
has been agreed to by you and the undersigned.
will have to be agreed to by you and the undersigned.
is to be a reasonable figure to be set by you in accordance with your usual charges for
comparable services.
(Insert any other agreement regarding the fee if above items are not appropriate.)
Subject to that understanding: the undersigned loan applicant(s) agree(s) to be responsible for payment of
your entire fee if the security to be mortgaged to the Agency is not to include real estate acquired in
connection with the loan; and if real estate is to be acquired the undersigned seller(s) agree(s) to be
responsible for payment of
% of the fee and the undersigned loan applicant agrees to be
responsible for payment of the other
% of the fee.
It is understood that no liability or responsibility for payment of any portion of the fee is assumed by the
Government, or by any Government officer, employee, or agency, or by the insured lender if this is an
insured loan.

Signature of seller(s)

Address

Signature of loan applicant(s)

Address

According to the Paperwork Reduction Act of I 995, no persons are required to respond to a collection of information unless it displays a valid 0MB
control number. The valid 0MB control number for this information collection is 0575-0147. The time required to complete this information collection
is estimated to average 10 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and
maintaining the data needed, and completing and reviewing the collection of information.