Licensing
716 Title Solutions is a title agency operating under the supervision of the New York Department of Financial Services (NY DFS).
NY DFS License Number: #1944916
Our licensed title agents adhere to all state regulations governing title insurance agents and escrow practices in New York.
Visit NY DFS Website
Insurance Coverage
We maintain comprehensive insurance coverage to protect our clients and their transactions:
- Errors & Omissions (E&O) Insurance: Professional liability coverage for title examination and escrow services
- Fidelity Bond: Protection against employee dishonesty and fraud
- Cyber Security Insurance: Coverage for data breaches and cyber fraud incidents
Privacy Policy
716 Title Solutions is committed to protecting your personal information. We collect only the information necessary to process your title order and closing transaction.
Information We Collect
- Contact information (name, email, phone, address)
- Property information related to your transaction
- Financial information required for closing and escrow
How We Use Your Information
- To perform title searches and examinations
- To prepare closing documents
- To facilitate escrow and fund disbursement
- To comply with legal and regulatory requirements
Information Sharing
We do not sell or share your personal information for marketing purposes. We share information only as necessary to complete your transaction (with lenders, underwriters, recording offices, etc.) and as required by law.
Wire Fraud Prevention
Critical Wire Fraud Alert
Cyber criminals frequently target real estate transactions by impersonating title companies, agents, and attorneys via email.
How to Protect Yourself
- NEVER rely solely on wiring instructions sent via email
- ALWAYS verify wire instructions by phone using a known, trusted phone number (not one provided in an email)
- Call us directly at (716) 670-1153 to confirm all wire transfer details before sending funds
- Be suspicious of last-minute changes to wiring instructions
- Use secure, encrypted channels for transmitting sensitive financial information
- Monitor your accounts closely during and after a transaction
If you suspect fraud or receive suspicious communications, contact us immediately at (716) 670-1153.
Regulatory Information
716 Title Solutions operates in compliance with:
- New York Insurance Law
- New York Department of Financial Services regulations
- Real Estate Settlement Procedures Act (RESPA)
- Truth in Lending Act (TILA)
- Anti-Money Laundering (AML) requirements
- Customer Identification Program (CIP) standards
Consumer Rights
As a consumer, you have the right to:
- Receive accurate and timely information about your transaction
- Review settlement documents before closing
- Ask questions and receive clear explanations
- Choose your own service providers (where permitted by law)
- File complaints with the New York Department of Financial Services
To file a complaint or inquiry with NY DFS:
https://www.dfs.ny.gov/complaint
Contact for Compliance Questions
If you have questions about our compliance policies or procedures, please contact:
716 Title Solutions LLC
505 Ellicott St, Suite A321
Buffalo, NY 14203
Phone: (716) 670-1153
Email: Info@716TitleSolutions.com