Description
The Title 101 series is ideal for title employees who are new to the industry or have experience in only one area of title insurance. This basic, comprehensive 10-part series provides all the basic training and knowledge a new title employee needs on the fundamental aspects of Title Insurance. Presented by LTAMS subject-matter experts, this program covers everything from basic property concepts to post-closing issues. If you have less than two years of experience in the title industry or are a title professional looking to refresh your basic knowledge of the land title industry – this program is for you!
This course – Preparing to Close, Closing the Transaction, and Policy Production – covers the following topics:
– Preparing to Close
o Review the contract
o Prepare settlement statements and Closing Disclosure
o Collaborate with lender throughout the process
o Prepare and review final commitment
o Review and resolve all Schedule B–I (requirement) matters from commitment
o Review tax information
o Review lender instructions
o DOI regulations – state law
o What if all parties can’t attend closing in your office?
– Closing the Transaction
o Steps in conducting a superior closing
o What you should and should not say
o Fiduciary duties
– Policy Production
o Preparing to producing policies
o Verifying information
o Produce policies and endorsements
o Signature file for completion
o Retention
o Claims
Course Presented by
Roy Perilloux and Natalie Malone–Readus.
