CRE Insider Blog
Welcome to the CRE Insider Blog, a source of info and insights from First American’s leading real estate experts.

Distressed Property & Bankruptcy Affects Title Insurance Strategies

By Christopher Stasko on October 5, 2022

With ever-changing market conditions and increased inflation rates, the chance for distressed properties and businesses declaring bankruptcy can rise. These types of properties and business reorganizations can affect the title insurance strategies recommended for the next course of action.

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Advanced Commercial Real Estate Transactions: Insuring Leasehold Estates and More

By Dawn Lewallen on September 11, 2022

All real estate transactions involve multiple issues and many steps to finalize the deal. Commercial real estate is inherently complex because these transactions often involve multiple sites and multiple locations and often multiple states across the country.

This article will explore certain types of leasehold estates – specifically insuring...

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Title Insurance and How It Originated

By Caitlin Ostrander on August 15, 2022

Title insurance is a contractual obligation that protects against losses that occur when title to a property is not free and clear of defects (e.g., liens, encumbrances and defects that were unknown when the title policy was issued).  Title insurance also guarantees loan priority. The terms of the policy define what risks are covered and what...

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Exploration of Escrow & Settlement Statements in the Eastern U.S.

By Pablo Iglesias on August 1, 2022

The closing process in commercial real estate transactions can be multifaceted and a bit enigmatic to those new to the industry, or for those with a new type of real estate deal. As such, an overview of the closing process – including escrow and settlement statements – can be very helpful.

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Topics: Commercial Real Estate Attorney Closing Date escrow

ALTA Surveys – the Purpose and A Few Secrets

By Todd D'Amico on July 5, 2022

An ALTA Survey is a specialized boundary survey of a property that adheres to strict standards developed by the American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS). An essential part of any legal ownership of land, the boundaries of a property must be properly and professionally delineated, making note...

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Changes to the ALTA Owner’s & Loan Policy

By Johnathan Buss on June 1, 2022

After 15 years, the American Land Title Association (ALTA) Board approved the revised 2021 ALTA Owner’s and Loan Policies in July of last year. The ALTA Forms Committee, which is made up of industry experts and includes some of First American’s brightest and most seasoned underwriters, was tasked with reviewing and revising the forms. The changes...

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Topics: ALTA ALTA Forms

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