Tag Archives: learntitle

Survey Standards Course Approved in Pennsylvania

2 credits. Members of the American Land Title Association® (ALTA®) have specific needs, unique to title insurance matters, when asked to insure title to land without exception as to the many matters which might be discoverable from survey and inspection, and which are not evidenced by the public records. This course discusses the standards associated with those surveys.

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For a survey of real property, and the plat, map or record of such survey, to be acceptable to a title insurance company for the purpose of insuring title to said real property free and clear of survey matters (except those matters disclosed by the survey and indicated on the plat or map), certain specific and pertinent information must be presented for the distinct and clear understanding between the insured, the client (if different from the insured), the title insurance company (insurer), the lender, and the surveyor professionally responsible for the survey.

In order to meet such needs, clients, insurers, insureds, and lenders are entitled to rely on surveyors to conduct surveys and prepare associated plats or maps that are of a professional quality and appropriately uniform, complete, and accurate. To that end, and in the interests of the general public, the surveying profession, title insurers, and abstracters, the ALTA and the NSPS jointly promulgate the within details and criteria setting forth a minimum standard of performance for ALTA/NSPS Land Title Surveys.

A complete 2016 ALTA/NSPS Land Title Survey includes:
(i) the on-site fieldwork required pursuant to Section 5,
(ii) the preparation of a plat or map pursuant to Section 6 showing the results of the fieldwork and its relationship to documents provided to or obtained by the surveyor pursuant to Section 4,
(iii) any information from Table A items requested by the client, and
(iv) the certification outlined in Section 7.

Gary KentGary Kent is Director of Surveying at The Schneider Corporation, a 42-year-old consulting firm based in Indianapolis providing solutions in surveying, GIS, 3D graphics, architecture, and civil, municipal and transportation engineering. A past-president of both ACSM and the Indiana Society of Professional Land Surveyors, Gary has a BS degree in Land Surveying from Purdue University and is registered to practice surveying in Indiana and Michigan. He is chair of both the NSPS/ACSM committee and the ALTA committee on the ALTA/ACSM Standards. He currently sits on the Indiana State Board of Registration for Land Surveyors and is also a member of the adjunct faculty at the Purdue campus in Indianapolis where he teaches Land Survey Systems, Legal Descriptions, Boundary Law and Property Surveying.

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Post Closing

The Closing is Over but What About the Post Closing

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This course is approved for 1 credit.
The following is an outline of what will be covered in the course:

Eye on the Prize/ Get it Closed

  1. Fiduciary Responsibility / Commitments
  2. Disbursements
  3. Risk Factors

What Is Post-Closing? 

  1. Recordings
  2. Money
  3. Lien Release and Trustee Services
  4. Original Documents
  5. Culture – the details

Recording – Priority  

  1. Importance of Immediate Recordation
    1. Compliance
    2. Policy Liability / Gap
    3. Customer Satisfaction
    4. Underwriter Relationship
    5. Minimize Title Liability
    6. Supports prompt funding
    7. What is E-Recording? How does it help?

Follow the Money

  1. Payoffs
  2. Insurance, Taxes, High Risk Items
  3. Good Funds vs. Collected Funds

Reconciliation

  1. 3 way reconciliation
  2. Consumer funds
  3. Balance in Files
  4. Fraud
  5. Security
  6. Escheat
  7. Protecting consumer funds

Lien Release Tracking

  1. Have a process
  2. Follow through
  3. What to do when you can’t wrap it up

Outsourcing

  1. How does it all work?
  2. Curative
  3. Settlement

The Challenge of Change

  1. Getting Staff buy in
  2. Creating a culture that supports thorough post-closing processes

Presenting this course are:

Vicki DiPasquale
National Sales Manager
Simplifile
Liz Tanner
Tanner Law, Ltd.
Final Trac
16B Gooding Ave,
Bristol RI 02809
(401) 253-7854

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Fraud in the Title Industry approved in PA

4 Credits

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This course is a comprehensive discussion Fraud in the Title Industry. It covers fraud for property and fraud for profit schemes that have been around for a long time. The majority of the presentation centers on Cyber Fraud. The Business Email Compromise has become a major threat to businesses in general and are of significant concern to title agencies. The course will cover in detail;

  • Types of fraudFraud
  • Red Flags indication fraud
  • Legislation
  • Cyber Fraud
  • Wire Fraud
  • Protecting Bank Accounts
  • Safer Use of the Internet
  • Cybersecurity for Business
  • Personnel Policies and Employee Training
  • Security for Mobile Devices

The course is approved for 4 continuing education credits

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