Tag Archives: NJLTI

Title Insurance Issues

NJLTI offers Pre Licensing course in New Jersey.

All classes are subject to sufficient enrollment.

The student must have access to the publication, New Jersey Title Practice (formerly Handbook of New Jersey Title Practice), Fourth Edition, updated through May 2016, by Lawrence J. Fineberg, Esq. CTP. Please allow enough time for delivery prior to the start of class.  Enrollment includes the cost of the Handbook.  If you already have a copy of the handbook, Enroll in the “Class Only” course. The cost of the course will be $500.00 +$100(normally $175.00) for the cost of the handbook. If there are not enough enrollees to have the class, your money will be refunded.

Course will be taught by John Cannito and Isidore Teitelbaum.

Click Here to Enroll

Continuing Education

NJLTI has Bankruptcy course approved

header

3 credit

Click Here to Enrollsearch

The Bankruptcy Act of 1898 was the first to give companies in distress an option of being protected from creditors. Since then, the laws and regulations have gone through a number of iterations that effect the consumer in bankruptcy and therefore title issues in real estate transactions for those going through bankruptcy. This course discusses the issues surrounding bankruptcy and foreclosures and the relationship they have to title insurance

If homeowners hold title to real property while under the protection of the Bankruptcy Court or are going through a foreclosure process and are looking to sell or refinance their property, certain underwriting requirements must be met in order to insure the transaction.

The course covers:

  • The Bankruptcy Protection Act
  • Types of Bankruptcy
  • Bankruptcy Procedure
  • The Automatic Stay
  • Abandonment
  • Creditors Rights
  • Judicial Liens
  • Mortgage Foreclosure
  • Certificate of Regularity
  • Rights of Redemption
  • Special issues in Bankruptcy and Foreclosure
  • Tax Sale Procedure
  • In Rem Bankruptcy
  • In Personam Procedure
  • Title Requirements for real estate derived out of bankruptcy

Click Here to Enroll

Continuing Education

NJLTI has new Riparian course approved

3 credits

Click Here to Enrollsearch

Tidelands or Riparian lands refers to lands flowed by the tide (and sometimes includes lands formerly flowed by the tide). The State of New Jersey holds title in fee simple to all lands currently or formerly flowed by the tide, unless it has already conveyed its ownership.

Tidelands claims in New Jersey are found in all counties except Warren, Hunterdon, Sussex and Morris

In this course we will cover:

  • Historical Overview
  • Division of Land Use Regulation
  • The Tidelands Act
  • Coastal Permitting
  • Bureau of Tidelands Management
  • Requesting a Permit
  • A Statement of No Interest
  • Other Underwriting Issues

Click Here to Enroll