Agents completing Form TS-1 (Unencumbered Assets Certification) must use 2020 U.S. Census data when determining population for county in which the agent's principal office is located
You may have used 2010 census data when you completed the TS-1 last year; be sure to use current, 2020 data when you complete the TS-1 due Sept. 30, 2022
May 3, 2022
All title agents are required to turn in a new T-S1 form every year in September. Form TS-1 proves up an agent's minimum capitalization requirements under state statute and administrative rule.
Agents must use the population count for the county in which their principal office is located to complete calculations for the TS-1. While agents may have used 2010 census data when completing the form last year, agents are now required to use 2020 county population data as published by the U.S. Census Bureau. Refer to Section 2651.012(C) here to determine amounts to be met based on current population count.
While the TS-1 should be submitted no earlier than Sept. 1, 2022, and is due no later than Sept. 30, 2022, we wanted to give you time to prepare for this data source change, which could impact your capitalization requirements.
For more information contact TitleExaminations@tdi.texas.gov or 512.676.6880.