Understand key provisions of titles and surveys and the consequences and strategies for the included parties.
Surveys and title reports, though prepared from different vantages, share a trait that those who purchase and finance real estate often lack. They reveal critical information about the real estate that only the professional provider can deliver after an investigation and analysis of the public land title records and the site. However, the formats of the informational reports themselves are stylized. This course will explain how to focus on the key provisions of the title commitment and policy and features of the survey. The material will also suggest consequences and strategies for the parties to the transaction. Using the latest American Land Title Association policy and endorsement forms, the material will offer forms of title insurance coverage available in the marketplace.
Learning Objectives
- You will be able to describe what the survey should contain to maximize title insurance coverage.
- You will be able to explain the key features of the land survey and the title report.
- You will be able to identify what a legal description must contain to enable deeds and mortgages to effectuate a transfer of, and mortgage against, the title, respectively.
- You will be able to recognize important features of land surveys and title insurance in the marketplace.
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Why Lorman?
Over 38 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
Types of Surveys
- ALTA/NSPS Survey
- Other Survey Certificates
- Mortgage Inspections
- GIS
Legal Descriptions
- Historical Background
- Land Division Instruments
- Metes and Bounds
- Surface Area Descriptions
- Riparian Descriptions
Title Reports and Title Insurance
- Component Parts of Title Insurance Explained
- Endorsements That Expand Coverage
- Title Insurer Criteria for Obtaining Endorsements
- Alternative Forms of Survey Coverage
- Survey Coverage Changes in ALTA Policies Adopted July 2, 2021
Matching the Survey With the Title Commitment
- How to Resolve Discrepancies
- Gaps and Overlaps
- Role and Scope of Curative Affidavits
- Working With the Title Agent
Sample Survey Review
- Spotting Issues
- Disregarding Minutiae
- Access
- Easement Menagerie
- Building Setback Lines and Restrictions
- Subsurface and Airspace Issues
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Credit
More Program Information
Why Lorman?
Over 38 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 May 17, 2022.
Call 1-866-352-9540 for further credit information.
- AK CLE 1.0
- Alaska attorneys may receive 1.0 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.
- AL CLE 1.1
- This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.1 hours credit.
- Arizona CLE 1.0
- The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services for auditing purposes. This activity may qualify for up to 1.0 hours toward your annual CLE requirement for the State Bar of Arizona.
- CA MCLE 1.0
- Lorman Education Services is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
- CT CLE 1.0
- Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
- GA CLE 1.0
- This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.0 CLE hours.
- MO CLE 1.3
- This course qualifies for self-study CLE credit in Missouri.
- NM CLE 1.1
- This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.1 hours of credit.
- RI CLE 1.0
- This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.0 hours of CLE credit.
- VT CLE 1.0
- This self-study program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.0 hour(s) of CLE credit. Please note: Attorneys may only claim 12 credits per compliance period in this format. This course is considered "Non-Moderated Programming without Interactivity".
- WA CLE 1.0
- This program has been approved by the Washington State Board of Continuing Legal Education for 1.0 hours of A/V credit under the Law & Legal Procedure category.
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 38 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.
- 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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More Program Information
Why Lorman?
Over 38 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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