Closing Protection Letters: What They Do, What They Don't Do, and Why You Need Them in Real Estate Transactions (Audio Download)

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Closing Protection Letters: What They Do, What They Don't Do, and Why You Need Them in Real Estate Transactions (Audio Download)

Product Code:	5430579AUD
Publication Date:	September 28, 2011
Running Time:	60 minutes
Sponsoring Entities:	Section of Real Property, Trust and Estate Law
Topics:	Banking Law, Government Law, Real Estate Law
Format:
Pricing:	$90.00 (Regular)
	$70.00 (ABA Member) ABA Members, Log in now to receive this discount!
	$50.00 (Section of Real Property, Trust and Estate Law) ABA Members, Log in now to receive this discount!
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About this Product

PROGRAM INFORMATION

When lenders and purchasers close on real estate transactions, among the most important issues will be compliance with their closing instructions and the safety of their settlement funds. In addressing these concerns, title insurers often provide closing protection letters and some states have imposed additional procedures and obligations to promote a more reliable real estate settlement process.

This session will provide timely trends in closing protection letters and liability in the real estate settlement process.

Our panel will discuss:

Overview of the terms of and developments in ALTA Closing Protection letters
Recent cases interpreting closing protection letters and title insurer liability
Applicable state regulations and statutes

MODERATOR: James L. Gosdin, Stewart Title Guaranty Company, Sugar Land, TX

PANELISTS:
Shelley Norman, Stewart Title Guaranty Company, San Francisco, CA
Marjorie R. Bardwell, Fidelity National Title Group Inc., Jacksonville, FL
Wilhelmina Kightlinger, Old Republic National title Insurance Co., Tampa, FL
Robert L. Henn, Fidelity National Title Insurance Company, Blue Bell, PA

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