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Who should attend The ABC's Of Title Examination
This one-day seminar is designed for attorneys, paralegals and other legal staff, title officers, lending and loan officers, and real estate and insurance professionals.
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The ABC's Of Title Examination  

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This one-day seminar is designed for attorneys, paralegals and other legal staff, title officers, lending and loan officers, and real estate and insurance professionals.

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Seminar Summary:

This seminar examines title insurance from order entry to the issuing of the title commitment and Policy. (see full course description)

 
 

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Training Course Syllabus:


A working knowledge of the basics of title examination and title insurance is essential for today's real estate professional. This seminar examines title insurance from order entry to the issuing of the title commitment and Policy.

Seminar highlights:

  • How property can be acquired in New Jersey
  • Estates in land
  • Legal entities and vesting of title
  • The New Jersey recording system
  • Restrictions, easements, filed maps and surveys
  • Judgments, municipal taxes, mortgages, bankruptcy and foreclosure

Learning objectives:

  • The attendee will be able to discuss the rules of descent, devise and conveyance of title exam.
  • The attendee will be able to identify the types of ownership interests.
  • The attendee will be able to review the title search and prepare a simple title commitment and policy.

9:00 a.m. - 9:10 a.m.

I. Overview Of Seminar

9:10 a.m. - 10:00 a.m.

II. How Property Can Be Acquired, Estates In Land And Types Of Ownership Interests

A. How Property Can Be Acquired In New Jersey

B. Estates In Land

C. Freehold Estates

D. Co-Ownership

E. Marital Rights

F. Condominiums

G. Planned Unit Developments

H. Cooperatives

10:00 a.m. - 10:50 a.m.

III. Legal Entities And Vesting Of Title

A. Who Are Parties Capable Of Holding Title?

B. Natural Persons

C. Powers Of Attorney

D. Fiduciaries, Estates And Trusts

E. General Partnerships

F. Corporations

G. Limited Liability Companies

H. Other Legal Entities

10:50 a.m. - 11:05 a.m.

Break

11:05 a.m. - 12:00 p.m.

IV. Rules Of Descent, Devise, And Conveyance; And The New Jersey Recording System

A. Title Acquired By Descent

B. Title Acquired By Devise

C. Title Acquired By Conveyance

D. Types Of Deeds

E. The Recording System

12:00 p.m. - 1:00 p.m.

Lunch (On Your Own)

1:00 p.m. - 1:50 p.m.

V. Encumbrances, Restrictions, Easements, Filed Maps, Surveys And Water Rights

A. Encumbrances

B. Restrictions

C. Easements

D. Filed Maps

E. Surveys

F. Water Rights

1:50 p.m. - 3:00 p.m.

VI. Judgments, Municipal Taxes, Mortgages, Bankruptcy And Foreclosure

A. Judgments

B. Municipal Tax Liens

C. Mortgages

D. Federal Tax Liens

E. Corporation Business Tax

F. Federal Estate Taxes

G. New Jersey Inheritance Tax

H. Lien Of Estate Debts

I. Bankruptcy

J. Mortgage And Tax Foreclosure

3:00 p.m. - 3:15 p.m.

Break

3:15 p.m. - 4:05 p.m.

VII. Reviewing The Title Search And Preparing A Title Commitment

A. Types Of Searches

B. Anatomy Of A Title Commitment

C. Reading The Title

D. Preparing The Title Commitment

E. Endorsements

F. Clearing Title Issues

G. Policies

4:05 p.m. - 4:30 p.m.

VIII. The Good, The Bad And The Ugly – Interactive Review And Questions

Seminar Summary:

This seminar examines title insurance from order entry to the issuing of the title commitment and Policy. (see full course description)

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