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TITLE STANDARDS October 10, 2019 10305 ICLE: State Bar Series

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TITLE STANDARDS October 10, 2019 10305 ICLE: State Bar Series TITLE STANDARDS October 10, 2019 10305 ICLE: State Bar Series Thursday, October 10, 2019 TITLE STANDARDS 6 CLE Hours Including 1 Ethics Hour | 1 Professionalism Hour Copyright © 2019 by the Institute of Continuing Legal Education of the State Bar of Georgia. All rights reserved. Printed in the United States of America. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form by any means, electronic, mechanical photocopying, recording, or otherwise, without the prior written permission of ICLE. The Institute of Continuing Legal Education’s publications are intended to provide current and accurate information on designated subject matter. They are off ered as an aid to practicing attorneys to help them maintain professional competence with the understanding that the publisher is not rendering legal, accounting, or other professional advice. Attorneys should not rely solely on ICLE publications. Attorneys should research original and current sources of authority and take any other measures that are necessary and appropriate to ensure that they are in compliance with the pertinent rules of professional conduct for their jurisdiction. ICLE gratefully acknowledges the eff orts of the faculty in the preparation of this publication and the presentation of information on their designated subjects at the seminar. The opinions expressed by the faculty in their papers and presentations are their own and do not necessarily refl ect the opinions of the Institute of Continuing Legal Education, its offi cers, or employees. The faculty is not engaged in rendering legal or other professional advice and this publication is not a substitute for the advice of an attorney. This publication was created to serve the continuing legal education needs of practicing attorneys. ICLE does not encourage non-attorneys to use or purchase this publication in lieu of hiring a competent attorney or other professional. If you require legal or other expert advice, you should seek the services of a competent attorney or other professional. Although the publisher and faculty have made every eff ort to ensure that the information in this book was correct at press time, the publisher and faculty do not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause. The Institute of Continuing Legal Education of the State Bar of Georgia is dedicated to promoting a well organized, properly planned, and adequately supported program of continuing legal education by which members of the legal profession are aff orded a means of enhancing their skills and keeping abreast of developments in the law, and engaging in the study and research of the law, so as to fulfi ll their responsibilities to the legal profession, the courts and the public. Printed By: HOW CAN WE HELP YOU? Who are we? How does SOLACE work? What needs are addressed? SOLACE is a program of the State If you or someone in the legal Needs addressed by the SOLACE Bar of Georgia designed to assist community is in need of help, simply program can range from unique medical those in the legal community who email [email protected]. Those emails conditions requiring specialized referrals have experienced some significant, are then reviewed by the SOLACE to a fire loss requiring help with clothing, potentially life-changing event in their Committee. If the need fits within the food or housing. Some other examples lives. SOLACE is voluntary, simple and parameters of the program, an email of assistance include gift cards, food, straightforward. SOLACE does not with the pertinent information is sent meals, a rare blood type donation, solicit monetary contributions but to members of the State Bar. assistance with transportation in a accepts assistance or donations in kind. medical crisis or building a wheelchair ramp at a residence. Contact [email protected] for help. The purpose of the SOLACE program is to allow the legal community to provide help in meaningful and compassionate ways to judges, lawyers, court personnel, paralegals, legal secretaries and their families who experience loss of life or other catastrophic illness, sickness or injury. TESTIMONIALS In each of the Georgia SOLACE requests made to date, Bar members have graciously stepped up and used their resources to help find solutions for those in need. A solo practitioner’s A Louisiana lawyer was in need A Bar member was dealing Working with the South quadriplegic wife needed of a CPAP machine, but didn’t with a serious illness and in Carolina Bar, a former rehabilitation, and members have insurance or the means the midst of brain surgery, paralegal’s son was flown of the Bar helped navigate to purchase one. Multiple her mortgage company from Cyprus to Atlanta discussions with their members offered to help. scheduled a foreclosure on (and then to South Carolina) insurance company to obtain her home. Several members for cancer treatment. the rehabilitation she required. of the Bar were able to Members of the Georgia and negotiate with the mortgage South Carolina bars worked company and avoided the together to get Gabriel and pending foreclosure. his family home from their long-term mission work. Contact [email protected] for help. iii FOREWORD Dear ICLE Seminar Attendee, Thank you for attending this seminar. We are grateful to the Chairperson(s) for organizing this program. Also, we would like to thank the volunteer speakers. Without the untiring dedication and eff orts of the Chairperson(s) and speakers, this seminar would not have been possible. Their names are listed on the AGENDA page(s) of this book, and their contributions to the success of this seminar are immeasurable. We would be remiss if we did not extend a special thanks to each of you who are attending this seminar and for whom the program was planned. All of us at ICLE hope your attendance will be benefi cial as well as enjoyable We think that these program materials will provide a great initial resource and reference for you. If you discover any substantial errors within this volume, please do not hesitate to inform us. Should you have a diff erent legal interpretation/opinion from the speaker’s, the appropriate way to address this is by contacting him/her directly. Your comments and suggestions are always welcome. Sincerely, Your ICLE Staff Jeffrey R. Davis Executive Director, State Bar of Georgia Michelle E. West Director, ICLE Rebecca A. Hall Associate Director, ICLE AGENDA PRESIDING: Hilary Herris Fentress, Program Chair; Vice President and Georgia State Counsel, Chicago Title Insurance Company, Commonwealth Land Title Insurance Company, Atlanta 7:30 REGISTRATION AND CONTINENTAL 11:30 EXECUTIONS AND ATTESTATION – CHAPTER 4 BREAKFAST (All attendees must check in upon AFFIDAVITS AND RECITALS – CHAPTER 6 arrival. A jacket or sweater is recommended.) Michael Cotton, Chicago Title Insurance Company and Commonwealth Land Title Insurance 8:10 WELCOME AND PROGRAM OVERVIEW Company, Atlanta Hilary Herris Fentress 12:00 LUNCH (Included in registration fee.) 8:15 PROFESSIONALISM IN REAL ESTATE PRACTICE: IF WE DON’T HAVE STIMULUS 12:30 TRANSFERS AND AGENTS – CHAPTER 8 HABITUATION TO CALM OURSELVES, WHAT CONVEYANCES BY AND TO TRUSTEES – DO WE RELY ON? HINT: IT’S PROBABLY BAD CHAPTER 29 FOR YOU. AND OTHER TOPICS. Michael C. Obertone, Stewart Title Guaranty T. Matthew Mashburn, Aldridge Pite LLP, Atlanta Company, Roswell 9:15 EASEMENTS/SURVEYS – CHAPTER 38 1:15 TITLE STANDARDS AND LAWYER LIABILITY Kyle J. Levstek, Calloway Title and Escrow LLC, Jennifer M. Guerra, Carlock Copeland & Stair LLP, Atlanta Atlanta 9:45 BREAK 2:15 BREAK 10:00 THE BASICS 2:30 ENTITY CONVEYANCES INSTRUMENTS THE TITLE EXAMINER – CHAPTER 1 EXECUTED BY CORPORATIONS – CHAPTER 9 USE OF THE RECORD – CHAPTER 2 CONVEYANCES INVOLVING LIMITED NAME VARIANCES – CHAPTER 3 PARTNERSHIPS – CHAPTER 10 Mark S. Robinson, Old Republic National Title CONVEYANCES INVOLVING GENERAL Insurance Company, Alpharetta PARTNERSHIPS – CHAPTER 11 CONVEYANCES INVOLVING LIMITED 10:45 DECEDENT’S ESTATE – CHAPTER 13 LIABILITY COMPANIES – CHAPTER 12 Tania R. Tuttle, McLain & Merritt PC, Atlanta Nathan P. Sycks, McManamy McLeod Heller LLC, Alpharetta 3:15 ADJOURN TABLE OF CONTENTS FOREWORD ........................................................................................................................... 6 AGENDA ................................................................................................................................ 7 TITLE STANDARDS: PROFESSIONALISM IN REAL ESTATE PRACTICE: IF WE DON’T HAVE STIMULUS HABITUATION TO CALM OURSELVES, WHAT DO WE RELY ON? HINT: IT’S PROBABLY BAD FOR YOU. AND OTHER TOPICS. .....................................................10 EASEMENTS/SURVEYS – CHAPTER 38 ..................................................................................76 THE BASICS: THE TITLE EXAMINER – CHAPTER 1 USE OF THE RECORD – CHAPTER 2 NAME VARIANCES – CHAPTER 3 ..........................................................................................79 DECEDENT’S ESTATE – CHAPTER 13 ................................................................................... 126 EXECUTIONS AND ATTESTATION – CHAPTER 4 AFFIDAVITS AND RECITALS – CHAPTER 6 ...........................................................................173 TRANSFERS AND AGENTS – CHAPTER 8 CONVEYANCES BY AND TO TRUSTEES – CHAPTER 29 .........................................................179
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