ClosingCorp reports that its DART service, which provides guaranteed recording fee, transfer tax and filing instruction data for every residential property in the nation, is now available through Qualia, a cloud-based settlement software that streamlines every step in the title and escrow process.
DART is designed specifically to meet the growing needs of title and settlement agents. With more than 4,000 taxing jurisdictions and more than 80,000 related taxes, fees, customs, rules and regulations, DART provides immediate access to the precise recording fee, transfer tax and recording instruction data that is crucial to title and settlement operations, ClosingCorp says in a release.
DART sports a sophisticated engine that calculates buyer/seller splits, commonly called “Who Pays” rules, and has a strength or confidence level based on collected data of statutory and customary practices by geographic location, ClosingCorp says. The system’s unique geocoding feature automatically selects the correct county and tax authority by street address.
DART is available as a stand-alone website or via Web services integrations.
The integration with Qualia will allow law firms and title agents to automatically calculate document recording fees and transfer taxes directly from within Qualia’s platform.
“Qualia’s main goal is to create an incredibly user-friendly software that cuts out all of the unnecessary headaches currently involved in the title and settlement process,” says Nate Baker, CEO of Qualia. “We are excited to complete this integration so that our users can complete 100 percent of their work without ever leaving their software.”