Are you familiar with the alternative forms of title reports and indemnification?
Real estate purchase contracts typically include as a condition the delivery by sellers of a marketable title. State law controls the definition of marketable title. The approach followed in most states is that the title is not marketable if it is doubtful, clouded or open to dispute. Although title implies a universal quality, the sources of public land records from which a real estate title is determined, the mechanics and methods of searching, and the customs and practices in the locales where the land is located are anything but universal. This white paper reviews several different methods of searching and examining the title to real estate; and discusses the component parts of title insurance.
Agenda
Faculty
Duane H. Wunsch
Fidelity National Title Group, Inc.
- Wisconsin State Counsel for Fidelity National Title Group
- Over 30 years of experience, including searching and examining titles, closing transactions, and handling title insurance claims
- Member of the State Bar of Wisconsin and the Milwaukee Bar Association
- Past president of the Wisconsin Land Title Association
- J.D. degree, Emory University; B.A degree, University of Wisconsin-Madison
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