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| From Event: Resolving Real Estate Title Defects, held September 2011.
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Program Description
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The goal of every real estate transaction is to have a successful closing that is on schedule and without any major surprises. Understanding the critical impact of title law on those transactions is priceless in achieving that goal. Order today to get the tools you need to address the title issues that are standing between you and a smooth closing. Review the purchase agreement and how it affects title issues such as survey requirements. Know exactly what title insurance covers and obtain an insured closing to protect your client. Read and interpret a title insurance commitment or abstract so you can detect possible problems. Anticipate and correct title problems with the knowledge you'll gain - there's never been a better time!
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Course Content
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- The Purchase Agreement
- Title Insurance
- The Insured Closing -- Closing Protection Letter
- Title Examination -- Title Insurance Commitments/Abstracts of Title/Surveys
- Ethical Considerations
- Curing Title Problems
- Access and Road Issues
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Continuing education credit is not available at this time.
For additional questions regarding continuing education credits please
contact us at 866-240-1890 or credit@nbi-sems.com.
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Agenda / Content Covered:
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- THE PURCHASE AGREEMENT
9:00 - 9:45, Jeffrey A. Benson - Title Review Contingency
- Survey Review Contingency
- Review of Typical Forms and Clauses
- TITLE INSURANCE
10:00 - 11:00, Natasha N. Branch - Governmental Control
- Owner's Policy
- What is Insured
- What is Marketable Title
- What is Excluded: Special Exceptions
- Who is Covered (Heirs, Assigns, Trustees, etc.)
- The Coverage Amount
- Seller's Policy
- Lender's Policies
- What Lenders Need
- Construction Loan Policies; Broken Priority
- Covered Risks
- THE INSURED CLOSING -- CLOSING PROTECTION LETTER
11:00 - 11:15, Natasha N. Branch - TITLE EXAMINATION -- TITLE INSURANCE COMMITMENTS/ABSTRACTS OF TITLE/SURVEYS
11:15 - 12:45, Robert A. Spence Jr. - Recognition of Defects
- Survey Review
- Forms of Opinion Letters and Checklists
- Review Issues Relative to Particular Entity Ownerships (Partnerships, Limited Liability Companies, Trusts, Estates)
- Marital Property Conveyancing
- Decedent's Estates
- Estate Planning Concerns
- Abstract Review
- Forms, Practice Pointers and Procedures
- ETHICAL CONSIDERATIONS
1:45 - 2:45, Robert A. Spence Jr. - Formation of the Attorney-Client Relationship
- Conflicts of Interest
- Duties of Competence and Diligence
- Disclosure of Defects in Property
- Special Responsibilities to Sellers and Borrowers
- CURING TITLE PROBLEMS
3:00 - 4:00, Robert A. Spence Jr. - The Quiet Title Suit-Genealogy; Pleadings and Procedure; Defenses, Including Adverse Possession; Use of a Special Master to Perform Certain Functions; Enforcing the Quiet Title Suit Judgment
- Party Wall and Other Party Agreements
- Monetary Settlement and Escrow Agreements
- ACCESS AND ROAD ISSUES
4:00 - 4:30, Robert A. Spence Jr. - Easements
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JEFFREY A. BENSON is a partner of the Raleigh firm of Kilpatrick Townsend Stockton LLP, where he practices in the areas of real estate, zoning, and planning and land use. He earned his B.A. degree, cum laude, from Middlebury College, his M.A. degree from Terry Sanford Institute of Public Policy, Duke University, and his J.D. degree, with honors, from Duke University School of Law. Mr. Benson is a member of the Wake County and North Carolina bar associations. NATASHA N. BRANCH is an attorney with Fidelity National Title Insurance Company in Raleigh. She travels across the state of North Carolina speaking at Fidelity-sponsored CLE programs on such topics as the new HUD/GFE, mechanics liens, foreclosures and judgments. Ms. Branch earned her B.S. and J.D. degrees from the University of North Carolina at Chapel Hill. She is a member of the North Carolina State Bar, the North Carolina Bar Association (Real Property Section), the Wake County Bar and the Wake County Real Property Lawyers Association. ROBERT A. SPENCE JR. is an attorney at Spence & Spence, P.A. He is a board-certified specialist in real property law: residential transactions. Mr. Spence concentrates his practice in civil, business and real property litigation, local government law, and real property transactions. He earned his A.B. degree from Wesleyan University and his J.D. degree from the University of North Carolina. Mr. Spence is a former president of the Johnston County Bar Association, former president-elect of the 11th Judicial District Bar and former counselor for the North Carolina State Bar representing the 11th Judicial District for 11 years. He has been a member of the North Carolina State Bar Executive Ethics Committee, Grievance Committee, New Issues Committee, Executive Committee and the Authorize Practice Committee. Mr. Spence is a former board member of the North Carolina Farm Workers Legal Services and a former board member of the East Central Community Legal Services.
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Please refer to Continuing Education Credit FAQ for general information about seeking
credit for your participation in one of our continuing education programs.
Additionally, our team of credit specialists are here to answer your specific credit-related
questions weekdays 7am - 5pm Central:
Phone: 866-240-1890
Email: credit@nbi-sems.com
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| Web: |
Order Now
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| Call: |
800.930.6182 |
| Fax: |
715.835.1405 |
| Mail: |
NBI
P.O. Box 3067
Eau Claire, WI 54702
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