How to Obtain Good Title in Real Estate Transactions Training Class

Course ID: 9863

How to Obtain Good Title in Real Estate Transactions Training Seminar

Prevent Title Problems Before They Occur

There are a lot of details in a real estate transaction, but you can't overlook the most basic objective: securing a valid title to the property your client is purchasing. Don't get caught off guard by liens, adverse possession claims or other encumbrances that you were unaware of.

This program will teach you everything you need to know about real estate titles, including how to conduct a reliable title search and when title insurance comes into play. In addition to overcoming encumbrances such as liens, easements and condemnations, you'll be able to use insurance to protect against title defects and effectively take action if title insurance litigation arises from your real estate deal.

Be more knowledgeable and prepared for your next real estate transaction.

Conduct a title search using court decrees, mortgage foreclosures and probate documents.
Identify potential problems by ably examining surveys, legal descriptions of land and plats.
Know which people and entities can hold valid title to real estate, including partnerships, trusts, minors or persons holding powers of attorney.
Take the necessary steps when there are defects in the title so you can keep the transaction flowing.
Work with the title insurance company on special issues, including additional coverages and special endorsements.
Avoid ethical problems such as multiple representation and disclosure of property defects.
Effectively submit and defend title insurance claims.


	Agenda
	THE ANATOMY OF A REAL ESTATE TITLE D. Wayne McCurley, 9:00 - 10:00, 10:15 - 11:30 Conducting a Title Search -- Where to Look and What to Look For Court Decrees Probate Mortgage Foreclosures Understanding the Liens That Can Affect the Title Municipal Liens and Tax Sales Mortgages, Deeds of Trust and Financing Liens Federal and State Tax Liens Judgment or Property Tax Liens Liens Imposed as a Result of Environmental Laws What to Look for in Surveys, Descriptions and Plats Analyzing Easements, Restrictions, Rights of Way, Condemnations Addressing Authority/Capacity Issues (Validity of Record Title Instruments) Partnerships, Corporations, Limited Liability Entities Minors Trusts Powers of Attorney Formalities (Notary, Author, Value Affidavit Blocks) TITLE INSURANCE -- A COMPREHENSIVE LOOK INTO THE WORLD OF TITLE INSURANCE TODAY James F. Brown Jr., 12:30 - 2:30 Basic Principles of Title Insurance Mortgage and Owners' Policies as They Relate to Underwriting The Expanding Role of Insurance as a Practitioner's Tool The Title Industry in Our State Today Examination of the Title Policy How to Handle Title Defects Use of Title Insurance in the Real Estate Transaction How to Work With the Title Insurance Company on Special Issues Additional Coverages and Standard Endorsements Special Endorsements Obtaining Waivers to Some Title Exceptions Review of Policy Forms and Changes ETHICAL CONSIDERATIONS Jeffrey H. Schneider, 2:45 - 3:15 Calculating Attorneys' Fees Unauthorized Practice/Paraprofessionals Avoiding Conflicts of Interest -- Multiple Representation What You Should Know About Solicitation/Advertising Issues Disclosure of Defects in Property -- Your Obligations Escrow, Closing and Post Closing Procedures CONFIDENTLY HANDLING TITLE INSURANCE CLAIMS AND LITIGATION Jeffrey H. Schneider, 3:15 - 4:30 How to Submit a Claim Ways to Deny a Claim Steps to Follow When Trying the Lawsuit Current Developments in Title Insurance Litigation


	Audience
	This basic level seminar is for real estate professionals whose work depends on valid title searches and title insurance, including real estate attorneys, title insurance agents, title and abstract professionals, paralegals and lenders.