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Resolving Gaps in Real Estate Titles for Paralegals

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.

Runtime: 91 minutes
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Why Lorman?

Over 32 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
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Why Lorman?

Over 32 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 seminar meets the requirements of the Certifying Board for Legal Assistants of the National Association of Legal Assistants, for continuing legal assistant education credit required to maintain the CP (Certified Paralegal) credential for (s) hours.
     

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.

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More Program Information

Why Lorman?

Over 32 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

Mariana Fradman, MBA

Nixon Peabody LLP

  • Senior paralegal working with the real estate and affordable housing practice groups at Nixon Peabody LLP, a multinational law firm
  • 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 in real estate practice, concentrating in the areas of transactional real estate law addressing all aspects of project development, rehabilitation, and operation, including acquisitions, dispositions, public and private financings, joint ventures and investments
  • Frequent lecturer on real estate and corporate topics presenting during annual seminars and numerous webinars
  • Author of numerous articles published by numerous professional blogs and in the National Paralegal Reporter
  • Received numerous honors and awards
  • Member of numerous professional and civic organizations
  • B.S. degree, NYC Technical College, CUNY; M.B.A. degree, University of Phoenix; B.S. and Masterís degrees in engineering, Polytechnic University, Odessa, Ukraine
  • Can be contacted at 917-841-1204 or [email protected]
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Product ID: 405102
Published 2019
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