What You'll Learn
Title work is one of the most misunderstood, yet most critical, pieces of the lending process. A missed exception on a title commitment or a misread survey can delay closing, jeopardize collateral position, or expose the institution to unnecessary risk. This webinar gives commercial bankers, loan processors, underwriters, and loan closers a practical, working knowledge of title insurance so they can review title documents with confidence and know what questions to ask, and when to escalate.
Participants will learn how to read and interpret a title commitment, understand what a title search actually uncovers, and recognize the difference between an Owner's Policy and a Loan Policy and why that distinction matters to the lender. The session breaks down Schedules A and B line by line, explains what surveys reveal that title work alone cannot, and covers common endorsements used to expand or clarify coverage on commercial transactions. The course wraps up with a walkthrough of the closing process itself, showing how each of these pieces comes together to get a deal to the table and keep it there.
Topics Included
- Title Commitment and Searches
- Owner's Policy vs. Loan Policy
- Schedules A & B
- Surveys
- Endorsements
- The Closing Process
About the Author:
• Partner in the office of Clingen Callow & McLean, LLC
• Practice emphasizes all aspects of commercial real estate and financial lending transaction
• Conducts regular seminars and workshops on numerous commercial real estate and financial lending transactions, including ‘Complete Commercial Real Estate Loan Closing Checklist’ live webinar for Lorman Education Services
• Member of Illinois State Bar Association, DuPage County Bar Association, CREW (Commercial Real Estate Women) – Chicago Chapter
• J.D. Degree, DePaul University College of Law
• B.A. Degree in speech communication, University of Illinois
• Can be contacted at 630-871-8550 or Henninger@CCMLawyer.com
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