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Title Law Update  

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This basic-to-intermediate level program is designed to benefit those who want to maximize their title examination knowledge: Attorneys, Title/Abstract Professionals, Real Estate Professionals, Bankers/Lenders, Paralegals

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Seminar Summary:

At this program you'll walk through the title process with example documentation - from the mechanics of curing defects to drafting the title commitment. (see full course description)

 

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Training Course Syllabus:


Get the Foundation You Need to Handle Title Issues

Ensuring marketable title has never been more important than in today's real estate market. Make sure you're prepared for any complications with a solid foundation in title law knowledge. At this program you'll walk through the title process with example documentation - from the mechanics of curing defects to drafting the title commitment. Don't miss this opportunity to build your skills. Register today!

  • Review the latest legislative updates impacting title laws and know how they affect your practices.
  • Identify defects, assess problems quickly and avoid creating unnecessary disputes.
  • Understand what crucial items should be included on Schedule B-1 and B-2 of the title commitment.
  • Make sure you're using endorsements to their full potential: understand how to interpret their coverage.
  • Learn best practices for curing title defects during foreclosure such as quiet title procedures.


  1. Real Estate Legislation Update
    9:00 - 9:45, Robin D. Watts
  2. Recent Revisions to the Maine Title Standards
    9:45 - 10:30, Robin D. Watts
  3. Drafting and Issuing a Title Commitment
    10:45 - 11:45, Jeffrey A. Campbell
    1. Schedule A
    2. Schedule B-1: Requirements of the Title Insurer
    3. Schedule B-2: Exceptions to Coverage
    4. Opinion Letters
    5. Negotiating the Title Insurance Commitment
  4. Title Insurance Endorsements and Exceptions
    12:45 - 1:45, Jeffrey A. Campbell
    1. Standard ALTA Endorsements (ALTA 2006 Forms)
      1. ALTA 1.06 and 2.06
      2. ALTA 3.06 and 3.1.06
      3. ALTA 4.06, 4.1.06, 5.06 and 5.1.06
      4. ALTA 6.06 and 6.2.06 Series
      5. ALTA 7.06 and 7.2.06
      6. ALTA 8.1.06
      7. ALTA 9.1.06, 9.3.06, 9.4.06 and 9.5.06 Series
      8. ALTA 10.06 and 10.1.06
      9. ALTA 11.06 Series
      10. ALTA 12.06 Series
    2. Commercial ALTA Endorsements
      1. ALTA 13.06 and 13.1.06
      2. ALTA 14.06, 14.1.06, 16.06, 20.06
      3. ALTA 15.06, 15.1.06, 15.2.06 and 21.06
      4. ALTA 17.06 and 17.1.06, 18.06 and 18.1.06, 19.06 and 19.1.06
    3. Exceptions
      1. Standard Exceptions
      2. Special Exceptions
      3. Affirmative Coverage
  5. Remedies to Resolve Property Line Problems
    1:45 - 2:45, Sarah A. McDaniel
    1. Boundary Line Agreement
    2. The Grant of an Easement
    3. Variance
    4. Trespass Action to Try Title
    5. Declaratory Judgment
    6. Quiet Title
    7. Action for Possession
    8. Quitclaim Deed
    9. Land Patent
  6. Curing Title Defects During Foreclosure
    3:00 - 4:30, David J. Jones
    1. Indemnifying Prior Open Liens
    2. Resolving Tax Issues
    3. Open Equity Lines of Credit
    4. Correcting Scriveners' Errors
    5. Unreleased Mortgages or Mortgages Recorded Out of Order
    6. Unrecorded or Improperly Attested Security Deeds
    7. Break in the Chain of Title – Quiet Title Litigation Procedures
    8. Bankruptcy Notice Predating the Sale but Received After
    9. Recovering Manufactured Housing

Seminar Summary:

At this program you'll walk through the title process with example documentation - from the mechanics of curing defects to drafting the title commitment. (see full course description)

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