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Overview
Handle Real Estate Closings With Skill and Efficiency
Real estate closings are a maze of confusion that require a skilled attorney to successfully navigate. Ensuring proper timing of seemingly disparate elements is critical to ensure closings remain on track and don't lead to further issues down the road. This online seminar will provide you with the information you need to confidently orchestrate the real estate closing process from start to finish. You will obtain essential information on analyzing key transaction documents, resolving potentially devastating title defects, handling closing funds with efficiency and more. Take the confusion out of the real estate closing process - register today!
- Confidently navigate the in's and out's of the real estate closing process.
- Review sale agreements and coordinate key transaction elements before the closing date.
- Analyze title commitments for issues that will lead to trouble down the road.
- Confidently resolve critical last-minute closing issues that have the potential to derail the whole transaction.
- Tie up any loose ends that may unravel after the closing, including post-closing title issues.
- Avoid critical liability pitfalls that lurk in the real estate closing process.
Abbreviated Agenda
- Reviewing the Title Commitment: What to Watch out for
- Ethical Considerations
- Preceding the Closing Date
- The Closing Process Explained: A Practical Refresher
- Proper Closing Procedures
- Post-Closing Procedures: Tying up Loose Ends
Credit Details
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| Connecticut CLE |
|
6 Total | 11-20-2027 |
| New York CLE |
|
7 Total | 11-20-2028 |
Select Jurisdiction
CLE
Agenda
-
Reviewing the Title Commitment: What to Watch out for
- Schedule A Landmines
- Schedule B Bear Traps
- Analyzing Land Surveys and Legal Descriptions
- Negotiating Removal of (or Affirmative Coverage for) Exceptions
- Essential Title Insurance Endorsements to Obtain
- Resolving Common Title Defects
-
Ethical Considerations
- Applying the Rules of Professional Conduct
- Good Faith Required in Real Estate Transactions
- Lawyers and Title Insurance Companies
- Trust Accounts
- Representation of Multiple Clients - Conflicts of Interest
- Disclosure of Defects in Property
-
Preceding the Closing Date
- Opening the Closing: How to Get Started
- Review of the Sale Agreement
- Insured Closing Letters vs. a Title Policy
- Coordinating a Settlement Date and Items Not to be Forgotten
- The Reports Arrive: Reading Payoff Letters, Tax Searches and Other Data
- Receipt of Closing Package from the Lender
- Circulation of Documents for Approval Prior to the Closing
- Other Documents Involved
- Example Checklists
-
The Closing Process Explained: A Practical Refresher
-
Proper Closing Procedures
- The Role and Duties of the Settlement Agent
- Resolving Last Minute Issues at the Closing Table
- Document Signing
- Obtaining Identification
- Originals or Copies?
- Preparing the Documents for Recording
- Receipt and Handling of Funds from all Parties
- Deposits, Disbursements and Holdbacks
- Reconciling Funds Received on the Settlement Statement
- Avoiding Liability Pitfalls
- Example Checklists
-
Post-Closing Procedures: Tying up Loose Ends
- Final Recording Information or Certificate from Attorney
- Conducting Post-Closing Title Searches
- Releases of Pre-Existing Liens
- Preparing and Returning the Closing Package to the Lender
- Post-Closing Covenants
- Resolving Any Remaining Closing Issues
- Example Checklists
Who Should Attend
This basic-to-intermediate level online seminar provides an overview of the real estate closing process for:
- Attorneys
- In-House Counsel
- Real Estate Professionals
- Title Insurance Professionals
- Settlement Agents
- Lenders
- Paralegals
Speakers
Speaker bio
Steven H. Winkler
is senior vice president and chief underwriting counsel of Williston Financial Group and its underwriting subsidiary, WFG National Title Insurance Company. Mr. Winkler is admitted to practice in Connecticut and has been in the title insurance industry in a variety of legal and management capacities for more than 40 years. Currently, he is a member of the Greater Bridgeport; New Haven County; Hartford County; Connecticut (emeritus member, Executive Committee of the Real Property Section, and Committee on Unauthorized Practice of Law); and American bar associations; and the Association of Corporate Counsel. Mr. Winkler has been elected a fellow of the American College of Real Estate Lawyers and the American College of Mortgage Attorneys. He also presently serves on the Forms Committee of the American Land Title Association. Mr. Winkler was co-founder and a past president of the Connecticut Title Association and was a member of the Connecticut Insurance Commissioner's Title Insurance Task Force-Insurance Code Recodification Project. He earned his B.A. degree from Union College, Schenectady, New York, and J.D. degree from the University of Michigan Law School.
Speaker bio
Mark B. Hazelbaker
is an attorney with Weld Riley, S.C. He continues to emphasize representation of local governments, small businesses, and litigation. Mr. Hazelbaker began his career as legal counsel of the Wisconsin Counties Association. He served as personnel director/corporation counsel, and later as administrative coordinator for Manitowoc County. Mr. Hazelbaker has been in private practice since 1992, first with downtown Madison law firms, and then in his own firm since 1999. He has lectured many times on labor and employment law, land use law, and municipal law for various business and professional groups. Mr. Hazelbaker has also published law reviews and other articles. He is a member of the Dane County Bar Association and the State Bar of Wisconsin (Litigation, Labor and Employment, and Government Lawyers Division sections). Mr. Hazelbaker earned his B.A. degree from the University of Wisconsin and his J.D. degree from the University of Wisconsin Law School.
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