Learn more on how to resolve issues that paralegals face while reviewing real estate titles.
Paralegals working in the real estate department across the country face different obstacles, while reviewing real estate titles and assisting with the closing of commercial and residential real estate transactions. They need to know how to find title defects, which title defects can be cured and how to do it. Different types of title defects will be discussed based on real life examples. In addition, you will gain insight into what is a gap in title, why title insurance is required, what to anticipate before the closing, what to prepare for the closing and how to resolve obstacles during the closing and post-closing.
Credit
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Why Lorman?
Over 33 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
A Quick Recap: A Word About Real Estate
- What Is Real Estate?
- Who May Have an Interest in or Lien Upon the Property?
Why Do You Need Title Insurance?
- Protection During the Gap Period
- Payoffs
- Title Defects
- Gap in Ownership and How to Fix It
- Title Commitment Schedules
- Placing Documents on Record: How Big Is the Gap?
Steps to Close the Gap
- Continuation of Title
- Gap Endorsement and Gap Coverage
- Owner's Affidavit and Indemnifications
- Closing Instructions and Escrow Letters
- Date Down Search
Closing the Transaction
- Traditional Closing
- Gap Closing
Credit
More Program Information
Why Lorman?
Over 33 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 Webinar
This course was last revised on March 14, 2019.
Call 1-866-352-9540 for further credit information.
- NALA 1.5
- This program is applicable for continuing legal assistant education credit. Please check with your accrediting board to see if this course will qualify towards your recertification requirements.
Program Length: 1.5 hour(s).
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Audio & Reference Manual
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
MP3 Download
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Credit
More Program Information
Why Lorman?
Over 33 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
Mariana Fradman, MBA
New York City Paralegal Association
- Senior real estate paralegal working in New York City
- Adjunct professor at Long Island University, Brooklyn Campus, teaching business law, contracts and real estate law at the ABA-approved Paralegal Certificate Program
- Over twenty years of experience specializing in Commercial RE transactions (acquisitions/sales, air/development rights transfers, joint ventures, mortgage lending (bond & affordable housing), energy projects, community development, not-for-profit and mixed use, strategic planning, workouts and 1031 exchanges, project and space leasing); corporate and corporate housekeeping; M&A transactions and financial restructuring
- Can be contacted at 917-841-1204 or [email protected]
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Why Lorman?
Over 33 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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