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!

1. The Purchase Agreement
2. Title Insurance
3. The Insured Closing -- Closing Protection Letter
4. Title Examination -- Title Insurance Commitments/Abstracts of Title/Surveys
5. Ethical Considerations
6. Curing Title Problems
7. Access and Road Issues

1. THE PURCHASE AGREEMENT
   9:00 - 9:45, L. Scott Berkoben
   1. Title Review Contingency
   2. Survey Review Contingency
   3. Review of Typical Forms and Clauses
2. TITLE INSURANCE
   9:45 - 10:45, L. Scott Berkoben
   1. Governmental Control
   2. Owner's Policy
      1. What is Insured
      2. What is Marketable Title
      3. What is Excluded: Special Exceptions
      4. Who is Covered (Heirs, Assigns, Trustees, etc.)
      5. The Coverage Amount
      6. Seller's Policy
   3. Lender's Policies
      1. What Lenders Need
      2. Construction Loan Policies; Broken Priority
   4. Covered Risks
3. THE INSURED CLOSING -- CLOSING PROTECTION LETTER
   11:00 - 11:15, Scott K. Sumner
4. TITLE EXAMINATION -- TITLE INSURANCE COMMITMENTS/ABSTRACTS OF TITLE/SURVEYS
   11:15 - 12:15, Scott K. Sumner
   1. Recognition of Defects
   2. Survey Review
   3. Forms of Opinion Letters and Checklists
   4. Review Issues Relative to Particular Entity Ownerships (Partnerships, Limited Liability Companies, Trusts, Estates)
   5. Marital Property Conveyancing
   6. Decedent's Estates
   7. Estate Planning Concerns
   8. Abstract Review
   9. Forms, Practice Pointers and Procedures
5. ETHICAL CONSIDERATIONS
   1:15 - 2:15, L. Scott Berkoben
   1. Formation of the Attorney-Client Relationship
   2. Conflicts of Interest
   3. Duties of Competence and Diligence
   4. Disclosure of Defects in Property
   5. Special Responsibilities to Sellers and Borrowers
6. CURING TITLE PROBLEMS
   2:30 - 3:30, Scott K. Sumner
   1. 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
   2. Party Wall and Other Party Agreements
   3. Monetary Settlement and Escrow Agreements
7. ACCESS AND ROAD ISSUES
   3:30 - 4:30, Scott K. Sumner
   1. Forest Service Roads and Conservancy District Access Issues
   2. Easements

L. SCOTT BERKOBEN is the principal in the Westwood law firm of L. Scott Berkoben, P.A., a full-service law firm. Mr. Berkoben has extensive real estate experience, having served as Westwood's land use commissioner for seven years, and as chair of the Planning Board and as a member of the Zoning Board. Mr. Berkoben wrote Westwood's Master Plan and served as attorney for Westwood's Parking Authority. He has conducted hundreds of commercial and residential real estate closings. He is a former municipal prosecutor and public defender for several towns in New Jersey. Mr. Berkoben received his B.A. and M.A. degrees from Fairleigh University, where he has served as a lecturer and history and political science teacher. He received his J.D. degree from Seton Hall University. He is a member of the Bergen County and New Jersey State bar associations.

SCOTT K. SUMNER is New Jersey State Counsel for Westcor Land Title Insurance Company in Red Bank, New Jersey, where he serves as underwriting counsel to the company's agency network. Prior to joining Westcor Land Title Insurance Company, Mr. Sumner served as counsel for Chicago Title Insurance Company and Ticor Title Insurance Company and was formerly a practicing real estate attorney with the law firm of Liebowitz, Liebowitz & Stern in Englewood, New Jersey. He is a current lecturer for ICLE seminars, speaking to real estate attorneys. Mr. Sumner is admitted to the New Jersey State Bar, the District Court of New Jersey and the New York State Bar. He earned his B.A. degree from the University of Arizona and his J.D. degree from New York Law School.

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Phone: 866-240-1890

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