Underwriting News
Your source for the latest updates from the ATG Underwriting Department. ATG agents, sign-in above for access to a vast library of resources in the members-only Underwriting Index.
Adverse Possession
10/31/2011 - 9:28am
Originally published in the November 2004 issue of the ATG concept.
ATG is generally reluctant to insure property where the only basis for ownership interest is through adverse possession. Adverse...
In re Pisula
10/17/2011 - 9:58am
In re Pisula, 09 CH 13 (ARDC Hearing Board, May 16, 2011), M R 24722 (Ill S Ct, Sept. 26, 2011). Search the IARDC site for the Opinion.
Facts: Joseph Pisula is an Illinois attorney who from 1989 to...
Title Agents and Rule 1.15
10/17/2011 - 9:52am
Just last month, the Illinois Supreme Court revised Rule 1.15 of the Illinois Rules of Professional Conduct, causing real estate attorneys to re-consider the setup and maintenance of their closing...
Transfer on Death Instrument Act
09/21/2011 - 9:45am
PA 97-0555, House Bill 1153. New Act 755 ILCS 27/et seq. Effective Date: January 1, 2012.
Illinois has a new law called the Illinois Residential Real Property Transfer on Death Instrument Act. This...
Transfer on Death Instrument: Advantages and Disadvantages
09/21/2011 - 9:23am
The newly enacted Illinois Residential Real Property Transfer on Death Instrument Act authorizes another way to transfer real property, starting on January 1, 2012. PA 97-0555, HB 1153. The transfer...
Prevent Claims: Follow these Eleven Tips
09/19/2011 - 9:17am
ATG legal staff reviews claims at regular intervals. Based on our experience, we put together the following tips to help members avoid claims:
Document files as much as possible. This is especially...
Predatory Lending Resource
08/30/2011 - 9:28am
Articles and Memos
8-30-11: Compliance with Predatory Lending Database Act | The Predatory Lending Database Act is a part of the Residential Real Property Disclosure Act; it requires that for...
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