Description
Learn what to look for when reviewing titles and get practical strategies for curing the issues before closing.Titles are often subject to outstanding interests and claims, some genuine but others unsubstantial or baseless. What types of defects, liens and encumbrances impair the title to real estate? When, as the result of tangible matters revealed by a search and examination of the title, is the title unmarketable? Learn what to look for when reviewing the title commitment and land survey, and what endorsements are currently available that provide additional coverage against a spectrum of title risks. Under what circumstances will title insurance be available to insure against mechanics liens, judgment liens, tax liens and other recurring statutory liens? Discuss and compare practical preclosing solutions to real estate title problems involving sellers, buyers and lenders.
Date: 2023-12-14 Start Time: End Time:
Learning Objectives
Boundary Issues
• Property Descriptions: Drafting Pitfalls
• Ascertaining and Reconciling Overlapping Descriptions
• Fences and Adverse Possession
• Surface and Subsurface Encroachments
• Interpreting Land Surveys
Highways and Public Roads
• Vehicular Access and Abutters Rights
• Encroaching Buildings and Structures
• Trees and Vegetation
• What Does the Title Policy Cover, Exclude?
Railroad Rights of Way
• Fee Simple or Easement?
• Establishing Succession in the Absence of Title Records
• Rights of Abutting Owners
Easements
• Express, Implied and Prescriptive
• Utility Easements
• Access Easements
• Licenses Distinguished
Restrictive Covenants
• Types of Covenants, Conditions and Limitations
• Role of Statutes of Limitations That Bar Enforcement
Judgments, Tax Liens and Statutory Liens
• Judgment Liens
• Federal Tax Liens
• Other Federal Liens
• Mechanics Liens
Miscellaneous
• Leases
• Options to Purchase, Rights of First Refusal
• Recorded Affidavits and Notices
• Lis Pendens and Pending Suits
Mortgage Foreclosure
• Procedural Defects and Omitted Liens That Impair Post-Foreclosure Titles
• Condominium Association Liens
• When Bankruptcy Coincides
• Short Sales and Deeds in Lieu of Foreclosure: Special Considerations
• Transfers by Receivers
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,NALA ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Duane H. Wunsch-Fidelity National Title Group, Inc.
