PROGRAM SUMMARY:

Every real estate practitioner must thoroughly understand the closing process. ATG's underwriting staff will cover these key topics and issues and help you avoid the most common pitfalls:

Payoff Letters. How to review payoff letters and how to pay off a revolving line of credit mortgage.

Survey Issues and Encroachments. How to review a survey and ATG’s underwriting requirements for insuring encroachments.

Hold Harmless Letters. A review of hold harmless letters, including answers to the following questions:

• When is it appropriate to try to obtain a hold harmless letter?
• What type of information must I provide?
• What should I look for when I receive a hold harmless letter?

Escrows and Deposits. ATG forms for holding escrows and the form, procedure and considerations for title indemnity deposits.

Powers of Attorney. How to review them and what ATG requires.

Federal Income Tax Reporting. Which transactions are subject to reporting requirements and what information must be reported.

Foreign Persons and Patriot Act Compliance. Find out about your and your client's obligations.

Attend an ATG Legal Ed Connect program from any location! ATG’s remote-learning system enables you to participate in MCLE via the Internet, no matter where you are. Register via e-mail, download materials the day before. No software downloads or cumbersome add-ons — just a Flash-enabled* web browser, which you probably already have! Click here for more information. *NOTE: After May 19, 2008, users must update their Flash Player to version 9 or greater. To install Adobe Flash Player version 9, click here.

CONTINUING LEGAL EDUCATION INFORMATION:

ATG is an Illinois Accredited Continuing Legal Education Provider. This program qualifies for 1.50 hours of MCLE credit in Illinois.

WHO SHOULD ATTEND:

ATG members, members' staff, and member closers.

ATTENDEE RATES:

The following per person rates apply for this program:

• $50 | Active ATG member attorneys (*issued and remitted at least one policy during the current year)
• $25 | Paralegals and staff employed by active ATG member attorneys
• $95 | Inactive ATG member attorneys and their paralegals and staff; non-member attorneys; others

ABOUT THE SPEAKER

• Tania M. S. Stori, Senior Underwriting Attorney, Champaign, Illinois