A Title Examination Workshop presented by the Attorneys' Title Insurance Fund, Inc. is scheduled:
Thursday, February 11, 2010
NOON in the Great Room
Lunch Will Be Provided
A real estate transaction involves many parties and the potential for numerous conflicts of interest. At its core, is the title to real property: its quality, and its transfer and/or encumbrance. Historically, the evaluation of the quality of title to real property, and the rendition of an opinion with respect thereto, has belonged to attorneys. Title insurance policies are issued based on the results of the title examination process. Attorneys earn a portion of the title insurance premium when they serve as an agent for a title insurance underwriter. In some areas of the country, a major source of attorneys’ fees associated with real estate transactions is the title insurance premium. It is a “bread and butter” practice area for most attorneys in small firm practice. Knowing how to examine title to real property is thus an essential skill newly minted attorneys must have.
The Fund’s Title Examination Workshop is designed to provide law students with an introduction to the knowledge and techniques necessary to accurately examine titles. The workshop will include the creation and review of a chain of title and a critical analysis of the documents in the title chain. It will also include an overview of the role of title insurance in transactions, an overview of the title insurance industry, and the types of coverage available.
The mission of the Attorneys' Title Insurance Fund, Inc. (The Fund) is to preserve and facilitate the real estate practices of its 6,000 member attorneys in their protection of the public. The Fund supports the needs and promotes the success of attorneys' real estate practices by providing valuable, relevant, and timely information, as well as innovative products and services that allow attorneys to conduct transactions electronically, easily, and efficiently. As the nation's first Bar-related® title insurance underwriter, The Fund has been providing extensive support for the real estate practices of attorneys since 1948.
For more information about this program, please contact:
Professor Mike Floyd (mdfloyd@samford.edu) or your Property professor
