Title Insurance Essentials for Paralegals (On-Demand)

Course Description

This presentation provides basic overview of title insurance; focusing on thoughts/concepts that can help real estate paralegals succeed at their respective law offices. Highlights include a specific discussion of the title commitment document, how to review the document, and how to negotiate away potential issues.

Syllabus

1. History of Title Insurance
2. Watson v. Muirhead
3. What is Title Insurance?
4. Distinction from Other Insurance
5. When Title Insurance comes in handy
6. Regulation of Title Insurance
7. Title Agents and Title Underwriters
8. Initial Paralegal Duties/Working with Title Company
9. The Title Commitment
10. Requirements
11. Exceptions
12. Tips for Reviewing Title
13. Additional Tips
14. The Closing
15. Settlement Statement
16. The Title Insurance Policy
17. Exclusions from Coverage
18. Exceptions
19. Endorsements
20. Foreclosure Certificate
21. Making a Title Claim
22. Case Law
23. The Title Commitment
    • What is a Title Commitment?
24. Immediate/General Checklist
25. Schedule A Checklist
26. Title Commitment Exceptions
27. Schedule B1 Requirements
28. Schedule B2 Standard Exceptions
29. Schedule B2 Special Exceptions
30. Schedule B Checklist
31. Schedule B Review Tips
32. Removing/Modifying Exceptions
33. Handling Title Objections
34. Junk Exceptions
35. Exceptions War Stories
36. How Could This Bite You?
37. Title Policy

Instructor

Nathan Osborn, Esq.