The Trusted Adviser

January 2013 | Volume 6 - Number 1

Some content is password-protected for ATG members only. Not an ATG member? Apply today!

Report from ATG's President

Year-End Review 2012

Succeeding in the Most Challenging Times

Peter Birnbaum photoIt is with pleasure and pride that I review the performance of your company in 2012. For nearly fifty years, ATG has continued to defy all odds, succeeding in even the most challenging times. It is our mission to be the premier lawyer service organization for the benefit of the public and the profession. By almost every measure, we are succeeding in our mission. Read more...

Peter J. Birnbaum
ATG President and CEO

ATG MEMBERS | Underwriters' Bulletin

This content is for members only. Consider joining — see Membership Benefits

Procedural Updates

Agency Escrow Disbursement Agreement Form Changes — Please be sure to access the form through Resource, or our website, to be sure you are using the new version.

REMINDER: 1099 Real Estate Tax Reporting — In the case of sales of real estate, the settlement agent (closer) must report to the IRS the seller's income from the sale using the 1099-S form.

ATTORNEYS | Practice Notes

Of Note

Bankuptcy; Recording: Sender v Cygan — A document recorded with a street address but no legal description may not provide sufficient notice.


Foreclosure: CitiMortgage, Inc v San Juan — A foreclosing lender has limits when making a Section 2-1401 motion.

Easements: Cochran v Hoffman — A right of way easement without further limiting language includes the right to park.

Easements: 303, LLC v Born — If the right of first refusal in an unrecorded purchase offer doesn't identify the parcel, it doesn't meet statute of frauds requirements.

WHAT'S NEW | Member, CLE, Trust, Process, and Auction Services

ATG logoRe-Activate your ATG Membership Has it been a while since you issued a policy? Are you ready to get started again? It's easy, and we can help. Make a small investment of time, start writing policies again, and add to your bottom line. Contact Member Services Representative Bob Dillow today!

* * *

ATG Legal Education logoEarn CLE with 24/7 OnDemand Programs You can choose from more than 40 OnDemand seminars. See ATG Legal Education at for our current program catalog. You must be a registered site user to take our programs.

* * *

ATG Trust Company logoExchange Tax Dollars for Investment Dollars: Offer Starker Exchange Services to Your Clients ATG Trust Company can show you how to help your clients defer paying taxes on the gains earned from investment property and increase their wealth using tax-deferred dollars. Read more...

* * *

ATG LegalServe logoFAST AND FLEXIBLE: The Process Server Responsive to Your Needs Get the finest process serving available to lawyers today. Learn what the LegalServe Difference can make in your practice and place your order today!

* * *

Auctions by ATG logoAuctions by ATG - Your REO Resource Your REO Resource - Auctions by ATG provides opportunities for clients on both sides of the transaction: Lenders and Servicers get a faster, more cost-effective platform to dispose of non-performing assets; Investors and Homebuyers get an exciting opportunity to purchase residential real estate at attractive prices. See current and upcoming auctions - More than 120 properties currently available.

Join Our Email List to receive notices and updates on our auctions. You can bid in person or online. If you have questions, contact Operations Manager Mary Fran Gill, 312.752.1160.

[Last update: 1-31-13]