Current Issues in Real Estate Title and Title Insurance

• Overview
• Credits

Learn practical information to assist you in closing commercial and residential real estate transactions.Learn practical information to assist you in closing commercial and residential real estate transactions. This material is a nuts and bolts topic designed to give you real-life practical information to facilitate the closing of commercial and residential real estate transactions. You will gain insight into the workings of the title industry to better prepare you to anticipate problems and assist in developing solutions to ultimately close the transaction. This material will progress from basic concepts to title problem solving and end with an analysis of complex coverage issues under the current ALTA policies and endorsements.

Authors

Agenda

Title Examination Process

• Title, Title Insurance and Their Role in Transactions

• Role of Title Standards

• Unusual Titles That Defy Conventional Standards

• The Commitment for Title Insurance: How to Review

• Clearing Exceptions and Requirements: How to Negotiate

Resolving Common Title Problems

• Unreleased Liens

• Mechanics' Liens and Other Secret Liens

• Conflicting Boundaries and Encroachments

• Access

• Easements

• Litigation

• Intractable Title Problems

• Title Insurance as a Solution or Enhancement: Problem Profiles

• Bankruptcy Issues

• Foreclosure: Transfers During and After

The Title Policy

• ALTA Extended Coverage vs. Standard Coverage

• Underwriting Standards: Owner's Policy vs. Loan Policy

• Endorsements

- Lender Endorsements

- Owner Endorsements

- Commercial Transaction Endorsements

- Criteria for Obtaining Endorsements

- The Latest ALTA Endorsements