In-Depth Title Insurance Principles Training Class

Course ID: 9539

In-Depth Title Insurance Principles Training Seminar

Safeguard Against Future Title Problems

Professionals working with title insurance expect to encounter complex challenges on a regular basis. As a successful title professional, you need to be able to offer many alternatives to help meet your clients' needs. Is your title insurance knowledge at the optimum level? This advanced seminar will bring you up to date on the latest developments in title insurance and highlight vital information you need to make the best decisions in your practice.

Along with our top-notch trainers, you'll gain an advanced understanding of the key elements of title policies. Learn how to recognize defects and tackle difficulties you might encounter. Examine the different types of endorsements and exceptions and how they can be applied to your client. Weigh the pros and cons when insuring construction loans. Discuss the role of title insurance in successful real estate transactions with legal entities. Find out what impact a bankruptcy has on real estate and title insurance.

Examine the foundational policy structure, so you can understand all the components.
Learn how to detect missing or incorrect elements in documentation.
Be prepared with a thorough knowledge of trusts and power of attorney.
Find out exactly what endorsement does and does not cover.
Discover what is going to happen "when the lien hits."
Explore the various authority issues when dealing with legal entities.
Understand your responsibility when it comes to disclosure of defects in property.
Find out what documents are required to obtain title insurance in bankruptcy transfers.


	Agenda
	UNDERSTANDING TITLE INSURANCE POLICIES AND COMMITMENTS Donald G. Ogden, 9:00 - 9:30 The Nature of Title Insurance Policy Structure The Insuring Provisions Exclusions From Coverage Conditions and Stipulations ALTA Expanded Coverage Policies The Commitment Leasehold Policy RECOGNIZING DEFECTS AND EXAMINING DIFFICULTIES Bradley P. Jones, 9:30 - 10:30 Defects in Execution Missing or Incorrect Elements in Documentation Homestead and Statutory Rights Heir's Deeds and Descendant's Estates Marital Property Conveyances Trusts and Power of Attorney Boundary and Access Disputes Liens and Releases Underwriting the Defect ENDORSEMENTS AND EXCEPTIONS Donald G. Ogden, 10:45 - 11:15 ALTA Form Endorsements Types of Endorsements Exceptions, Exclusions and Conditions Fine Print Issues What Endorsement Does and Does Not Cover Advanced Endorsement Usage INSURING CONSTRUCTION LOANS Michael S. McKay, 11:15 - 12:00 Construction Lien Act Pending Disbursement Coverage Date Down Endorsements "When the Lien Hits" REAL ESTATE TRANSACTIONS WITH LEGAL ENTITIES John Sanford McDavid, 1:00 - 2:15 Authority Issues Express Apparent Business Entities Corporations Limited Liability Companies General Partnerships Limited Liability Partnerships Limited Partnerships Sole Proprietorships Unincorporated Entities and Churches Alternative Entities Preserving the Record AVOIDING ETHICAL DISPUTES Michael S. McKay, 2:30 - 3:30 Duties of Competence and Diligence Conflicts of Interest -- Multiple Representation Disclosure of Defects in Property Avoiding Fee Disputes Escrow, Closing and Post-Closing Activities IMPACT OF BANKRUPTCY ON REAL ESTATE AND TITLE INSURANCE Richard Montague, 3:30 - 4:30 Bankruptcy Basics for Real Estate Required Documents to Obtain Title Insurance in Bankruptcy Transfers Selling or Mortgaging Property of the Estate Automatic Stay and Relief From Automatic Stay Practical Tips and Applications for the Real Estate Practitioner


	Audience
	This advanced level seminar is designed to benefit attorneys, title insurance professionals, employees of title/abstract companies, real estate professionals, paralegals and bankers who want to maximize their title insurance knowledge.