Title Abstract and Settlement Offices

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

This U.S. industry comprises establishments (except offices of lawyers and attorneys) primarily engaged in one or more of the following activities: (1) researching public land records to gather information relating to real estate titles; (2) preparing documents necessary for the transfer of the title, financing, and settlement; (3) conducting final real estate settlements and closings; and (4) filing legal and other documents relating to the sale of real estate. Real estate settlement offices, title abstract companies, and title search companies are included in this industry.

NAICS code 541191 — Title Abstract and Settlement Offices — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Legal Services space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $19.5M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 541191.

What is NAICS code 541191?

NAICS code 541191 is 'Title Abstract and Settlement Offices', classified under the Professional, Scientific, and Technical Services sector (NAICS 54). This U.S. industry comprises establishments (except offices of lawyers and attorneys) primarily engaged in one or more of the following activities: (1) researching public land records to gather inform

What is the SBA small business size standard for NAICS code 541191?

The SBA defines a small business under NAICS code 541191 (Title Abstract and Settlement Offices) as one with $19.5M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 541191 in SAM.gov?

To register NAICS code 541191 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 541191 (Title Abstract and Settlement Offices) to your NAICS code list. You may designate one code as your Primary NAICS code.