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About the Teleseminar
Title insurance is a requirement of every commercial real estate transaction and yet its role is often misunderstood or overlooked as merely a piece of expensive boilerplate. But no bank will lend on a project without it and no investor will commit equity unless the underlying title of the property is investigated and insured. Failure to understand the complex web of details of a title insurance policy can easily cost property owners, investors, lenders and developers the essential financial benefit of underlying bargain. This program will provide you with a guide to understanding the role of title insurance in commercial real estate transactions, including the process of obtaining a policy, integrating policies into operative transactional documents, the relationship of policies to obtaining funding for a deal, and how to get the most out of your policies.
- Understanding title insurance in commercial real estate transactions
- Detailed review of ALTA forms, including recent changes
- Coverage exclusions and policy conditions
- Owner-covered risks and loan covered risks
- Special issues involving financially distressed real estate
- Maximizing benefits of title insurance, the policy of obtaining a policy, and integration with the underlying deal
About the Speaker
Robert Bozarth is National Agency Counsel of Fidelity National Title Group, based in the company’s Richmond, Virginia office. He has more than 30 years’ experience in all aspect of title insurance in commercial real estate transactions. He is a Fellow of the American College of Mortgage Attorneys and the American College of Real Estate Lawyers. He is a member of the Title Insurance Forms Committee of the American Land Title Association and has written and spoken extensively on title insurance, including as a chapter contributor to “Title Insurance Law,” a treatise published by the University of Oklahoma. Mr. Bozarth earned his B.S. from the University of Virginia and his J.D. from the University of Virginia School of Law.
Mandatory MCLE Credit Hours
This seminar qualifies for 1.0 MCLE Credit Hour (Tentative)