Learn what to look for when reviewing titles and get practical strategies for curing the issues before closing.
Titles are often subject to outstanding interests and claims, some genuine but others unsubstantial or baseless. What types of defects, liens and encumbrances impair the title to real estate? When, as the result of tangible matters revealed by a search and examination of the title, is the title unmarketable? Learn what to look for when reviewing the title commitment and land survey, and what endorsements are currently available that provide additional coverage against a spectrum of title risks. Under what circumstances will title insurance be available to insure against mechanics liens, judgment liens, tax liens and other recurring statutory liens? Discuss and compare practical pre-closing solutions to real estate title problems involving sellers, buyers and lenders.
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Why Lorman?
Over 35 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
Boundary Issues
- Property Descriptions: Drafting Pitfalls
- Ascertaining and Reconciling Overlapping Descriptions
- Fences and Adverse Possession
- Surface and Subsurface Encroachments
- Interpreting Land Surveys
Highways and Public Roads
- Vehicular Access and Abutter's Rights
- Encroaching Buildings and Structures
- Trees and Vegetation
- What Does the Title Policy Cover, Exclude?
Railroad Rights of Way
- Fee Simple or Easement?
- Establishing Succession in the Absence of Title Records
- Rights of Abutting Owners
Easements
- Express, Implied and Prescriptive
- Utility Easements
- Access Easements
- Licenses Distinguished
Restrictive Covenants
- Types of Covenants, Conditions and Limitations
- Role of Statutes of Limitations That Bar Enforcement
Judgments, Tax Liens and Statutory Liens
- Judgment Liens
- Federal Tax Liens
- Other Federal Liens
- Mechanics Liens
Miscellaneous
- Leases
- Options to Purchase, Rights of First Refusal
- Recorded Affidavits and Notices
- Lis Pendens and Pending Suits
Mortgage Foreclosure
- Procedural Defects and Omitted Liens That Impair Post-Foreclosure Titles
- Condominium Association Liens
- When Bankruptcy Coincides
- Short Sales and Deeds in Lieu of Foreclosure: Special Considerations
- Transfers by Receivers
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Credit
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Why Lorman?
Over 35 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
This course was last revised on September 5, 2019.
Call 1-866-352-9540 for further credit information.
- AK CLE 1.75
- Alaska attorneys may receive 1.75 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
- CA MCLE 1.75
- Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.75 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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Credit
More Program Information
Why Lorman?
Over 35 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
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, UW - Madison
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Why Lorman?
Over 35 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.
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