Tag Archives: title insurance

Continuing Education

Post Closing course approved in District of Columbia

Learntitle has had another course approved in the District of Columbia:

The Closing is Over but What About the Post Closing

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
Continuing Education

Easements: Defined and Illustrated

3 Credits
Click Here to Enroll

This course covers all aspects of easments as they relate to title insurance. Types of easements, creation of easements, and several court cases pertaining to easements are included. When finished with this course you will be confident preparing your commitment when easements are involved.

Click Here to Enroll

The Presenter is

Wendy Lathrop

Wendy Lathrop, PLS, CFM is president and owner of Cadastral Consulting, LLC, licensed as a Professional Land Surveyor in New Jersey, Pennsylvania, Delaware, and Maryland, and as a Professional Planner in New Jersey. She is also a Certified Floodplain Manager (CFM) through the Association of State Flood Plain Managers.  Wendy has been involved since 1974 in surveying projects ranging from construction to boundary to environmental land use disputes. She has been teaching seminars for surveyors across the country since 1986 and has been writing articles for surveyors since 1983.  Wendy is a contributing editor for The American Surveyor magazine, and has two articles included in the American Bar Association’s text, “Land Surveys: A Guide for Lawyers and Other Professionals.”

Click Here to Enroll

Continuing Education

Title Agent E&O Course Available on Learntitle

Approved for 1 credit
Enroll Here

Due to the litigious nature of society today, professional liability insurance (aka E&O) has become increasingly important in many industries, especially the Title Industry.  While it may not be mandated by every state, E&O Insurance is increasingly being required by the major Title Insurance carriers and lenders across the United States.

Your E&O policy is designed to protect you against claims for which you become legally liable to pay due to allegations of an unintentional error or omission by you or one of your employees.   Professional liability policies are written on a claims-made and reported basis, covering claims that occur subsequent to the retroactive date stated in the declarations and which are first made against you and reported to the company while the policy is in force.  For this reason, maintaining prior acts coverage is extremely important.  Without prior acts coverage, your covered acts are limited to those performed and reported during the current policy period only.  While switching carriers, please be aware of the significance of the retroactive date in your policy.

When seeking Professional Liability insurance, it is easy to be misled by some carriers offering a much lower premium than you had paid previously.  It is common for these policies to be written retro-inception (with no prior acts coverage).

This course will cover the forms, endorsements, terms and definitons related to E & O insurance

Approved for 1 credit
Enroll Here

About the Presenter

Fran Kelly Professional Liability, LLC is a family owned and operated insurance agency.  The agency was founded in 1993 in an effort to provide the proper Errors & Omissions insurance to the Title and Real Estate Industry.  the company understands the level of importance this insurance has to the title business and they are dedicated to the insured.  The company provides high quality customer service.

Fran Kelly Professional Liability, LLC is a completely independent insurance agency with access to over a dozen different carriers.  They work for the title agency, not an insurance company!  This flexibility allows them to find the coverage needed at the best price.

The company can also assist in obtaining other important policies.  Their expanded product mix includes escrow security bonds, cyber and privacy liability policies, notary E&O, bonds and more. Contact them at:

ALICIA KELLY

Phone: 610-478-0400

E-mail: Alicia@TitleLiability.com

FRAN KELLY(the presenter for this course)

Phone: 610-478-0400

E-mail: TitleEnO@comcast.net

KAITLIN KELLY

Phone: 610-413-2574

E-mail: Kate@TitleLiability.com

Fran Kelly Professional Liability, LLC

Middle City P.O. Box 30538

Philadelphia, PA 19103

Fax: 412-281-4716