To require the Bureau of Indian Affairs to process and complete all mortgage packages associated with residential and business mortgages on Indian land by certain deadlines, and for other purposes, section 2, Sec. 2.
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First certified title status report
The document says “means”Who acts: CongressHow: statuteSec. 2 in the PDF
What the document says
“The term ``first certified title status report'' means the title status report needed to verify title status on Indian land.”
The first report is the one that establishes title status. Section 3(a)(4) sets deadlines for completing it.
What the document actually says
“The term ``first certified title status report'' means the title status report needed to verify title status on Indian land.”
That sentence, in plain words
A first title report is the report used to check who holds title to Indian land.
What this is about
Title means legal ownership. A lender wants to know who owns the land before it lends.
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