Live Seminar

Title Workshop: From Examination to Commitment

Seminar

Date:

Monday, March 12, 2018

Time:

9:00 AM - 4:30 PM

Product ID#:

78399ER

Location:

Hilton Garden Inn Fairfax

3950 Fair Ridge Dr.

Fairfax, VA 22033

$359.00

$349 / Each Additional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • VA CLE - 6.00

Other

  • Insurance - 7.00

Program Description

Get the Foundation You Need to Handle Title Issues

Ensuring marketable title has never been more important than in today's real estate market. Make sure you're prepared for any complications with a solid foundation of title law knowledge. At this workshop, you'll walk through the title examination process with example documentation - from the mechanics of the title search to curing defects to drafting the title commitment. Don't miss this opportunity to build your skills. Register today!

  • Identify defects, assess problems quickly and avoid creating unnecessary disputes by gaining a complete understanding of title examination techniques.
  • Learn best practices for dealing with mechanics' liens, tax liens and other encumbrances.
  • Confidently review plats and surveys, knowing what red flags to watch for.
  • Avoid the potential pitfalls of incorrect legal descriptions of property.
  • Understand what crucial items should be included on Schedule B-1 and B-2 of the title commitment.
  • Take the appropriate action to clear title quickly so foreclosed properties can go to sale on schedule.

Who Should Attend

This basic-to-intermediate level program is designed to benefit those who want to maximize their title examination knowledge:

  • Attorneys
  • Title/Abstract Professionals
  • Real Estate Professionals
  • Bankers/Lenders
  • Paralegals

Course Content

  1. Conducting the Title Search and Examination
  2. What to Look for in Surveys, Descriptions and Plats
  3. Remedies to Resolve Property Line Problems
  4. Drafting and Issuing a Title Commitment
  5. Curing Title Defects During Foreclosure
  6. Ethical Considerations

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

Insurance – Insurance: 7.00 *


* denotes specialty credits

Agenda / Content Covered

  1. Conducting the Title Search and Examination
    9:00 - 10:00, Meredith L. Yoder
    1. The Mechanics of Running the Chain of Title: Public Record Search, Title Plants, Etc.
    2. Title Examination
      1. Recognizing Defects Through Document Review
      2. What to Look for in Court Decrees
      3. Probate
      4. Foreclosure Under Deed of Trust
      5. Property Tax Liens
      6. Local and State Government Liens
      7. Federal Tax Liens and Federal Judgments
      8. Private Party Liens
      9. Issues on Authority
  2. What to Look for in Surveys, Descriptions and Plats
    10:00 - 11:00, Sam Whitson
    1. Types of Surveys: Differences Between ALTA/NSPS Land Title Surveys, Boundary Surveys and Building Location Surveys
    2. Understanding Survey Elements and Symbols
    3. Boundary Conflicts
    4. Physical Encumbrances/Encroachments
    5. Prescriptive Easements and Adverse Possession Evidence
    6. Building Setbacks/Restrictions
    7. Reading Legal Descriptions of Property – Potential Pitfalls
  3. Remedies to Resolve Property Line Problems
    11:15 - 12:15, Samuel J. Kaufman
    1. Boundary Line Agreement
    2. The Grant of an Easement
    3. Variance
    4. Trespass Action to Try Title
    5. Declaratory Judgment
    6. Quiet Title
    7. Action for Possession
    8. Quitclaim Deed
    9. Land Patent
  4. Drafting and Issuing a Title Commitment
    1:15 - 2:15, Vanessa Baer
    1. Schedule A
    2. Schedule B-1: Requirements of the Title Insurer
    3. Schedule B-2: Exceptions to Coverage
    4. Opinion Letters
    5. Negotiating the Title Insurance Commitment
  5. Curing Title Defects During Foreclosure
    2:30 - 3:30, David A. Rosen
    1. Indemnifying Prior Open Liens
    2. Resolving Tax Issues
    3. Open Equity Lines of Credit
    4. Correcting Scriveners' Errors
    5. Unreleased Mortgages or Mortgages Recorded Out of Order
    6. Unrecorded or Improperly Attested Security Deeds
    7. Break in the Chain of Title – Quiet Title Litigation Procedures
    8. Bankruptcy Notice Predating the Sale but Received After
    9. Recovering Manufactured Housing
  6. Ethical Considerations
    3:30 - 4:30, Samuel J. Kaufman
    1. Rights of Redemption
    2. Formation of the Attorney-Client Relationship
    3. Conflicts of Interest
    4. Duties of Competence and Diligence
    5. Disclosure of Defects in Property
    6. Special Responsibilities to Sellers and Borrowers
    7. Attorneys' Fees

VANESSA BAER is vice president of operations at Highland Title & Escrow. She earned her B.A. degree from Dartmouth College and her J.D. degree from George Mason University College of Law.

SAMUEL J. KAUFMAN is a partner with Owen & Owens PLC. He represents businesses and individuals in commercial litigation and real estate matters. Mr. Kaufman's commercial clients are in diverse industries, such as construction, transportation, automotive, title insurance, and banking. His personal representations include contract and business disputes, as well as transactional business matters. Mr. Kaufman also assists individuals and businesses with the sale or purchase of commercial and residential real estate. He is the past chairman of the Chesterfield County Chamber of Commerce, vice president for planning and operations for the University of Richmond Alumni Association, chairman of the Chesterfield County Economic Development Advisory Council, and the vice chairman of the Chippenham Place Community Development Board. He was selected for the 2017 edition of The Best Lawyers in America in the category of Real Estate Litigation. Mr. Kaufman has also been selected to Virginia Super Lawyers, 2009-present; Virginia Legal Elite, 2013, Top 40 Under 40 by the National Trial Lawyers, 2012; and Top 40 Under 40 by Style Weekly. He earned his B.A. degree from the University of Richmond, Jepson School and his J.D. degree from Albany Law School of Union University.

DAVID A. ROSEN is an attorney with Rosen Legal Group, PLLC, where his focus is on financial services litigation, title insurance disputes, contested lien priorities, and bankruptcy-related claims involving automatic stay and discharge violations. He is also of counsel for Buonassissi, Henning & Lash, P.C., a real estate boutique law firm located in Reston, Virginia. Mr. Rosen handles real estate matters and advises on real estate transactions. He earned his B.A. degree from the University of Virginia and his J.D. degree from George Washington University Law School. Mr. Rosen is a member of the American and Maryland State bar associations, as well as the Bar Association of the District of Columbia (past chair, Real Estate Housing and Land Use Section). He is also licensed as an associate real estate broker in Virginia, Maryland, and the District of Columbia.

SAM WHITSON is a land surveyor with B.W. Smith and Associates. He has more than 40 years of experience in all fields of land surveying and 20 years as a professional. He serves the Northern Virginia area. Mr. Whitson gives lectures to real estate agents covering various aspects of land surveying and problem solving when title problems occur at the request of his settlement attorneys. He has also served as an expert witness in litigation cases in the Northern Virginia area.

MEREDITH L. YODER is a shareholder with the Richmond law firm of Parker, Pollard, Wilton & Peaden, P.C. His practice focuses on business litigation, real estate litigation, trust and estate litigation and general corporate law. Mr. Yoder represents insured lenders, insured owners and a number of title insurance companies in title defect and title insurance coverage litigation cases throughout the Commonwealth of Virginia. He is a member of the Virginia State Bar, the Virginia Bar Association, the Henrico Bar Association and the Richmond Bar Association. Mr. Yoder earned his B.A. degree, magna cum laude, at Messiah College and his J.D. degree at Marshall-Wythe School of Law at the College of William & Mary.

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

Accreditation Details:

Continuing Legal Education

VA CLE: 6.00 Includes - Ethics: 1.00
This course has been approved by the Virginia Mandatory Continuing Legal Education Board for 6.0 hours of credit, which includes 1.0 hour of ethics.


Insurance

VA INS: 7.00 Includes - Title: 6.00, VA INS Ethics: 1.00
Approved for 7.0 hours of Virginia continuing insurance credit in the area of 6.0 - Title; 1.0 - Ethics. 'Non-Company/Non-Agency'.


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Fax: 715.835.1405
Mail: NBI
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