Archive for the 'Title Policies' Category
By: Myles, June 19th, 2008
The point is often is often raised that there is some value in eliminating title insurance. Kimberly Palmer, in her article in U.S. New and World Report today, makes clear that the answer to whether to opt out of title insurance is: DO NOT!
When attorney Mark Rutzick sold his home in Fairfax, Va., and bought a new […]
Tags: Title Policies
Posted in Home Builders, Attorneys, Bankers, Title Policies, Commercial Title Companies |
By: Myles, April 30th, 2008
Here is yet another very significant indicia of the declining real estate market, as of April 2008, as reported by Inman News:
There has been a 28 percent decline in revenue which helped push title insurer LandAmerica Financial Group Inc. to a $24.2 million first-quarter loss, despite ongoing cost-cutting measures that include the elimination of the equivalent […]
Tags: Title Insurers Trends
Posted in Real Estate Brokers, Attorneys, CMBX, Subprime, Residential Real Estate, Bankers, Title Policies, Commercial Title Companies, Market Trending, Annual Recap, Historical Perspective, Commercial Real Estate |
By: Myles, February 23rd, 2008
The new buzzword in legal and banking circles these days is WORKOUT. So what exactly does that mean and how does it translate on a daily basis?
Well, given the trend toward more commercial defaults, here is a possible workout solution to consider. We at MarylandCommercialTitle are always trying to look at novel solutions to solving our […]
Tags: Deed In Escrow
Posted in Attorneys, Developers, Bankers, Title Policies, Commercial Title Companies, Real Estate Laws and Taxes, Commercial Real Estate |
By: Myles, February 4th, 2008
Things can go wrong and when they do, it’s not pretty. Securing proper endorsements on your title insurance policies requires a full review of all your options.
John Murray’s Blog provides a detailed look at how Limited Liability Company’s (LLC’s) — which have been adopted by all 50 States, the first coming into existence back in 1977 – […]
Tags: Title Policy Endorsements
Posted in Title Policies, Special Endorsements, Real Estate Laws and Taxes |
By: Myles, February 2nd, 2008
It’s always good to know what’s new ….
So, along those lines, here’s some news. The American Land Title Association (ALTA), recently approved three new form closing protection letters. These new forms took effect on January 1, 2008. These forms clarify the extent of the title insurers’ liability and the limitations on that liability.
Jon Anderson, Senior […]
Tags: ALTA Closing Protection Letter
Posted in Title Policies, Regulation, Legal Action, Real Estate Laws and Taxes, Commercial Title Companies |