You're working on a real estate deal for your client, and you want the transaction to go off without a hitch. But before your client signs anything, you must make sure that the property your client is paying for is really what he or she thinks it is. You don't want to be surprised by an easement running across the property, a boundary dispute with a neighbor, or an adverse possessor whose time has come. This seminar will teach you how to conduct a title examination that will expose any title defects with regard to the property.
- Distinguish between the various interests in property, such as fee interests, leaseholds, and easements.
- Conduct a title search by creating a chain of ownership.
- Obtain tax records to verify who has paid the property taxes.
- Learn about title defects such as homestead and statutory rights, heir's deeds, and defects in execution.
- Understand what a title commitment is, how it differs form the actual title insurance policy, and how to get title defects underwritten.
- Use surveys to confirm the legal description of the property and to identify easements or other unidentified issues with the property.
This basic-level seminar is designed for professionals who need to know how to perform a title examination. Those who should attend include:
Real Estate Attorneys
General Practitioners
Paralegals
Bankers
Title and Abstract Company Employees
- THE FIRST BUILDING BLOCK: DETERMINING WHAT IS BEING EXAMINED
- Fee Interest
- Leasehold Interest
- Easements
- Land or Building
- FROM THE GROUND UP: STEPS IN TITLE EXAMINATION
- How to Begin the Search
- Create the Chain
- Adverse Interests
- Check the Documents
- Copy Necessary Documents
- Obtain Tax Information
- Write the Report
- KNOWING WHAT TO LOOK FOR: RECOGNIZING DEFECTS
- Receipt of Title Commitment
- Title Defects to Be Remedied
- Defects in Execution
- Homestead and Statutory Rights
- Heir's Deeds
- Missing or Incorrect Elements in Documents
- Old Roads and Subdivisions
- Court Procedures
- Underwriting the Defect
- HOW DOES IT FIT IN? SURVEY REVIEW AND TITLE EXAMINATION
- Factors in Analyzing Surveys
- Surveying Standards
- Protection in Title Insurance Policies Against Survey Issues
- Boundary Disputes
- Acreage
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
