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 closing commercial and residential real estate transactions. You will gain insight into the workings of the title industry to prepare you better to anticipate problems and assist in developing solutions to close the transaction ultimately. 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.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
Speakers
Duane H. Wunsch,
Fidelity National Title Group, Inc.- Vice president and state counsel for Fidelity National Title Group, Inc.’s Wisconsin office
- 30 years of experience as in-house underwriting and claims counsel
- Frequent lecturer to both attorney and nonattorney customer groups
- Regularly conducts training sessions for title and escrow staff
- J.D. degree, Emory University; B.A. degree, University of Wisconsin-Madison
- Can be contacted at 262-796-3852 or duane.wunsch@fnf.com
Who Should Attend
This program is primarily designed for attorneys. Insurance professionals. Loan and title officers, closing agents, real estate brokers, branch managers and other banking professionals may also benefit from attending.
