Title Insurance Policies: The Nuts and Bolts

Agenda / Content Covered

1:00 - 2:30, John T. Lotardo aka the TITLEMAN

1. Types of Title Insurance Policies and Coverages
2. Covered Risks, Exclusions, and Conditions
3. What Parts of the Policies Are Negotiable (and Tips for Negotiating Them)
4. Reviewing the Title Commitment and Exceptions
5. Documents to Cross-Read With the Title Commitment
6. What it Takes to Eliminate Exceptions
7. Closing Protection Letters - What Are They?
8. The Most-Commonly Requested Endorsements
9. “Marked-Up” vs. Issuance of Policy
10. What Events Will Trigger Coverage?

Accreditation Details:

John T Lotardo aka the TITLEMAN aka the TITLEMAN™ is Senior Vice President, Director of Operations, and National Commercial Counsel for Commonwealth Land Title Company. He is the former senior underwriter and state counsel for First American Title Insurance Company in Arizona and Nevada. Previously, Mr. Lotardo was senior vice president and general counsel for Stewart Title & Trust of Phoenix Inc., as well as state underwriting and claims counsel for Stewart Title Guaranty Company. As a licensed attorney, his practice entails all aspects of real estate, title/escrow and corporate operations. Mr. Lotardo earned his B.A. degree, with honors and academic distinction, from C.W. Post, Long Island University and his J.D. degree from Arizona State University. He is a frequent speaker, instructor, retained expert, and guest commentator. Being past president of the Land Title Association of Arizona, Mr. Lotardo has been a member of many real estate organizations, including holding the position of president for the Arizona Trustee Association, as well as being an active member of the State Bar of Arizona; the Arizona State Escrow Association; and bankruptcy, lending, foreclosure, legislative, judiciary and corporate organizations locally and nationwide. He recently completed his tenure on the Arizona Association of Realtors' Residential Contract Revision Workgroup and served on the Education Advisory Committee for the Arizona Department of Real Estate. Mr. Lotardo is the author of numerous articles and columns including the popular Ask the TITLEMAN™, which is in print throughout the United States. He also has been a guest commentator on talk radio for KFNX 1100 and KFNN 1510. Mr. Lotardo had been the editor for the Real Property Journal for the State Bar of Arizona for a number of years. He has been selected as a Who's Who in the legal community as part of The Business Journal's Leading Lawyers Program. Currently, he is the President of the Real Estate Advisory Board to the Maricopa County Recorder.