Description
Understand key provisions of titles and surveys and the consequences and strategies for the included parties.Surveys and title reports, though prepared from different vantages, share a trait that those who purchase and finance real estate often lack. They reveal critical information about the real estate that only the professional provider can deliver after an investigation and analysis of the public land title records and the site. However, the formats of the informational reports themselves are stylized. This course will explain how to focus on the key provisions of the title commitment and policy and features of the survey. The material will also suggest consequences and strategies for the parties to the transaction. Using the latest American Land Title Association policy and endorsement forms, the material will offer forms of title insurance coverage available in the marketplace.
Date: 2022-05-17 Start Time: End Time:
Learning Objectives
Types of Surveys
• ALTA/NSPS Survey
• Other Survey Certificates
• Mortgage Inspections
• GIS
Legal Descriptions
• Historical Background
• Land Division Instruments
• Metes and Bounds
• Surface Area Descriptions
• Riparian Descriptions
Title Reports and Title Insurance
• Component Parts of Title Insurance Explained
• Endorsements That Expand Coverage
• Title Insurer Criteria for Obtaining Endorsements
• Alternative Forms of Survey Coverage
• Survey Coverage Changes in ALTA Policies Adopted July 2, 2021
Matching the Survey With the Title Commitment
• How to Resolve Discrepancies
• Gaps and Overlaps
• Role and Scope of Curative Affidavits
• Working With the Title Agent
Sample Survey Review
• Spotting Issues
• Disregarding Minutiae
• Access
• Easement Menagerie
• Building Setback Lines and Restrictions
• Subsurface and Airspace Issues
AIA ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,ENG ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Duane H. Wunsch-Fidelity National Title Group, Inc.
