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CALIFORNIA TITLE COMPANY www.CALTITLE.com WHY WE NEED THE SELLER S STATEMENT OF INFORMATION When a title order is opened, the Company will review those records which describe the subject property.
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Statement of information is a document filed with the state government that provides details about a business entity, such as its officers, directors, and address.
Corporations, LLCs, and other business entities are typically required to file a statement of information with the state government.
Statement of information can be filled out online or through physical forms provided by the state government. It requires information about the business entity's officers, directors, and address.
The purpose of statement of information is to provide transparency and keep the state government updated on the current information about a business entity.
Information such as names and addresses of officers and directors, business address, and agent for service of process must be reported on statement of information.
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