Product Description

While the basic principles of title examination are universal throughout Massachusetts, commercial titles require far more than the average residential title examination. Our expert panel lays out the elements of a commercial title examination and provides real-life examples of commercial title requirements for real estate practitioners and closing attorneys. The panelists offer practical tips for identifying, understanding, and resolving common commercial title issues, and when litigation may be required. In addition, this program provides guidance for preparing commercial title insurance policies and endorsements, as well as current and evolving title topics and key tips to avoid thorny traps for the unwary. 

PROGRAM SPONSOR

Agenda & Materials

• 9:30 - 9:35 am

  Welcome and Intro to the Commercial Title Abstract

  • Where to Begin?
  • Who to Run?

  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 9:35 - 9:55 am

  Errors in Entity Transfers

  • Wrong name of Grantee
  • Corporate layers: authority and signatures

  Karen A. Adamski, Esq., CATIC , Springfield
  Mary L. Cataudella, Esq., Touchstone Closing & Escrow LLC & Touchstone Law Offices , Andover
  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 9:55 - 10:15 am

  Property Descriptions: Errors, Exceptions, Easements, and Encroachments

  • Description drafting errors
  • Missing parcels/interests
  • ALTA plans
  • Title policy considerations and endorsements

  Karen A. Adamski, Esq., CATIC , Springfield
  Mary L. Cataudella, Esq., Touchstone Closing & Escrow LLC & Touchstone Law Offices , Andover
  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 10:15 - 10:35 am

  Financing

  • Discharge issues and Releasing Assignments
  • Cross-Collateralization
  • When real estate is in both sides of the registry, or multiple registries
  • Recording issues
  • UCCs – Where to search/file?
  • Title and Title Insurance post-closing: improvements, disbursements, and updates

  Karen A. Adamski, Esq., CATIC , Springfield
  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 10:35 - 10:50 am

  Liens and How to Release Them

  • Mechanics Liens
  • Chapter Lands
  • Quasi Judicial Liens – attachments/executions

  Karen A. Adamski, Esq., CATIC , Springfield
  Mary L. Cataudella, Esq., Touchstone Closing & Escrow LLC & Touchstone Law Offices , Andover
  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 10:50 - 11:00 am

  Leases and Leaseholds

  Leases:

  • On Record and Off-Record

  Leaseholds:

  • Deeds and Mortgages
  • Title and Title Insurance

  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 11:00 - 11:15 am

  Subdivisions of Land

  • Restrictions and Covenants
  • Zoning, Variances, Special Permits, and new plans
  • Condominiums – parking, storage, secondary condos, and other considerations

  Karen A. Adamski, Esq., CATIC , Springfield
  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 11:15 - 11:25 am

  Environmental Instruments

  • Orders of Conditions
  • Chapter 91 liens

  Karen A. Adamski, Esq., CATIC , Springfield
  Carrie B. Rainen, Esq., Rainen Law Office, PC , North Andover
  
• 11:25 - 11:30 am

  "Ask the Experts" Q&A Session and Key Takeaways

  Panel
  

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Chair

Faculty