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OnDemand Course

Keys to Understanding Land Records

Understand how to research and evaluate land records to minimize risk.

Real estate transactions necessitate effective communications among investors, legal, lending, and other professionals, and data management, all having varying backgrounds and proficiency in the basis for private ownership of real property: The records that comprise real estate title. This topic will provide you with practical information needed to better understand the process of researching and evaluating land records in connection with the transfer of ownership and real estate financing. The content is designed to identify real property interests and sources of land information, explain how property interests are created and transferred, discuss title search procedures, and how to raise, refine and resolve recurring real estate title questions. In addition, the material will explain the recording system, property descriptions, the chain of title, off-record interests, rights, and claims, and conclude with transaction resources available to the seller, purchaser and lender that minimize risks associated with real estate closings during COVID-19.

Learning Objectives

  • You will be able to recognize perils confronting investors that lay beyond the reach of land records.
  • You will be able to review classification of legal descriptions.
  • You will be able to discuss creation and transfer of interests.
  • You will be able to identify available sources of land records information.

90 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Transactions Marketplace, Universe of Competing Property Interests

  • Estates or Interests in Real Property: Present, Future and Concurrent
  • Mortgages
  • Security Interests in Fixtures
  • Array of Statutory Liens
  • Taxes

Available Sources of Land Records Information

  • Conveyances
  • Court Records
  • Corporations and Business Entities
  • Zoning

Creation and Transfer of Interests

  • Conveyance Formal Requisites
  • Process of Recording
  • Recording Statutes: Effect on Priorities
  • Appurtenant Easements
  • Correcting Errors in the Land Records
  • Legacy of Housing Downturn: Short Sales and Foreclosures

Classification of Legal Descriptions

  • United States Government Land Survey
  • Metes and Bounds
  • Subdivision Plats and Surveys
  • Condominiums

Chain of Title

  • Why the Chain Is a Prerequisite for Ownership
  • Marketable Record Title Acts

Perils Confronting Investors That Lay Beyond the Reach of Land Records

  • Title by Adverse Possession
  • Prescriptive Easements
  • Water and the Public Trust Doctrine
  • Highways
  • Native American Treaties
  • Mechanics Liens and Other Secret Liens
  • Perishable Agricultural Commodity Act (PACA)

Risk Reduction and Transaction Enhancements

  • Avoidable Real Estate Title Pitfalls
  • Obtaining Title Insurance Coverage: Current Choices
  • Useful Escrows and Indemnities
  • Solutions to Closing Challenges During COVID-19
  • Remote Online Notarization (RON) Choices
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on November 16, 2021.

Call 1-866-352-9540 for further credit information.

  • CA MCLE 1.5
     
  • Lorman Education Services is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Duane H. Wunsch

Duane H. Wunsch

Fidelity National Title Group, Inc.

  • Vice president and state counsel for Fidelity National Title Group, Inc.’s Wisconsin office
  • 30 years of experience as in-house underwriting and claims counsel
  • Frequent lecturer to both attorney and non-attorney customer groups
  • Regularly conducts training sessions for title and escrow staff
  • J.D. degree, Emory University; B.A. degree, University of Wisconsin-Madison
  • Can be contacted at 262-796-3852 or [email protected]
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
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  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 408680
Published 2021
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