We are committed to safeguarding the health of our attendees and speakers. This seminar has been moved to an online format due to public health concerns.
Confidently Work Through Common Problems
Do you understand the intricacies of real estate closings but feel left out of the loop when title becomes involved in the transaction? Are you able to resolve common title problems and utilize title insurance to your client's full advantage? Don't just rely on other professionals' due diligence; learn to use insurance and other cures to protect against title defects found with comprehensive title searches. This course will teach you the fundamentals of real estate title from examination to litigation. Order today!
- Conduct thorough and accurate title searches by utilizing court decrees, mortgage foreclosures and probate documents.
- Read and interpret land surveys, legal descriptions and plats in order to identify potential problems.
- Take the necessary steps to cure defects in the title so you can keep the transaction flowing.
- Avoid ethical dilemmas such as conflicts of interest during real estate transactions.
- Confidently draft closing letters that protect the buyer from title insurance claims.
- Work with the title insurance company on special issues, including additional coverage and special endorsements.
- Learn how to effectively file and defend title insurance claims.
All times are shown in Eastern time
- Title Search and Examination Fundamentals
9:00 - 9:45, Drew Jenkins
- An Overview of Tenancy
- Forms, Practice Pointers and Procedures
- Probate Court and Heirs
- Short Sale Transactions
- Open Mortgages, Trust Deeds, Judgments and Other Liens
- CC&R's, Utility Easements, Other Easements and General Servitudes
- Property Taxes and Other Public or Private Assessments
- Proper Usage of Endorsements and Exceptions
9:45 - 10:15, Drew Jenkins
- When to Use Endorsements
- Standard ALTA Endorsements
- Commercial ALTA Endorsements
- State Rules for Filing Endorsements
- Standard Exceptions
- Special Exceptions
- Affirmative Coverage
- The Title Insurance Commitment and Closing Letters
10:30 - 11:15, Drew Jenkins
- Owner's Title Policy
- Mortgagees and Lender's Title Policy
- Schedule A, B-1 and B-2
- Gap Coverage
- Opinion Letters
- How to Read Surveys, Descriptions and Plats
11:15 - 12:15, Kristy J. Baker
- Types of Surveys
- Survey Elements and Symbols
- Common Boundary Conflicts
- Physical Encumbrances and Encroachments
- Prescriptive Easements and Adverse Possession Evidence
- Building Setbacks/Restrictions
- Mineral, Oil and Gas Rights
- How to Avoid Pitfalls
- Exercise: Reading Sample Surveys and Legal Descriptions
- Best Practices for Curing Title Problems
1:15 - 2:15, David S. Klein
- Litigation Solutions
- Non-Litigation Solutions
- Boundary Line Adjustments
- Quiet Title Actions
- Declaratory Judgment
- Quitclaim Deed
- Party Wall and Other Party Agreements
- Monetary Settlement and Escrow Agreements
- Overview of Title Insurance Claims and Litigation
2:30 - 3:30, David S. Klein
- How to Submit a Claim
- Ways to Deny a Claim
- Steps to Follow When Trying the Lawsuit
- Current Developments in Title Insurance Litigation
3:30 - 4:30, Kim M. Jackson
- Duties of Competence and Diligence
- Conflicts of Interest
- Disclosure of Defects in Property
- Liability in Title Examination for Attorneys and Examiners
- Attorneys' Fees
This basic-to-intermediate level seminar is designed for:
- Title insurance agents
- Title and abstract professionals