Often, the instructions have been followed and there is evidence to prove it, such as a payment confirmation letter, but due to spelling errors or negligence, the release was not properly recorded. A mutual indemnification agreement (MIA) between insurers allows a buyer or owner to purchase or refinance the transaction without delaying the transaction, in order to formally remedy legal deficiencies in the public registration. If you are considering a change or update in your day-to-day business, we always advise you to first contact your sub-author to ensure that the new procedure is approved. Not all sub-authors are part of these agreements. For example, this WFG bulletin states that they are not participants in the New York Treaty. .
