Title Camp 1 2023: Reviewing ALTA Forms & Endorsements: The 2021 Changes
By
Kirk Strandjord on April 6, 2023
On July 30, 2021, the American Land Title Association (ALTA) Board approved the revised 2021 ALTA Owner’s and Loan Policies – updating their 2006 versions in segments over the intervening years. The Updates The revisions encompass several portions of the ...
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Topics: ALTA CRE ALTA Forms
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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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