Current Issues in Real Estate Title and Title Insurance

Training Provided by Lorman Education Services nThis teleconference is a nuts-and-bolts program designed to give you real-life practical information to facilitate the closing of commercial and residential real estate transactions. You'll get insight into the workings of the title industry so that you're better prepared to anticipate problems and assist in developing solutions so the transaction will ultimately close. This teleconference will progress from basic concepts to title problem solving, and we'll end with an analysis of complex coverage issues under the current ALTA policies and endorsements.

Current Issues in Real Estate Title and Title Insurance Agenda

1. Title Examination Process
1. Title, Title Insurance and Their Role in Transactions
2. Role of Title Standards
3. Unusual Titles That Defy Conventional Standards
4. The Commitment for Title Insurance: How to Review
5. Clearing Exceptions and Requirements: How to Negotiate
2. Resolving Common Title Problems
1. Unreleased Liens
2. Mechanics Liens and Other Secret Liens
3. Conflicting Boundaries and Encroachments
4. Access
5. Easements
6. Litigation
7. Intractable Title Problems
8. Title Insurance as a Solution or Enhancement: Problem Profiles
3. The Title Policy
1. ALTA Extended Coverage vs. Standard Coverage
2. Underwriting Standards: Owner's Policy vs. Loan Policy
3. The 1970, 1992 and 2006 ALTA Policy Forms: Significant Differences
1. Creditors' Rights
2. Expansion of Insured
3. Expansion of Indebtedness
4. Endorsements
1. Usual and Customary
2. Unusual or Special
3. ALTA Endorsements Update
4. Indemnities
1. When Are They Needed?
2. Who Provides Them? What the Title Company Is Looking For

About The Training Provider: Lorman Education Services

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