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Navigating Title Insurance and Survey Issues in Purchase and Sale Agreements


Level: Advanced
Runtime: 90 minutes
Recorded Date: August 23, 2017
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Agenda

  • Introduction of Model Transaction
  • Overview – Why Title Review is Important
  • “Real Time” Negotiation of Title Provisions in PSA
  • Purchaser’s Title Review/Objections
  • Seller’s Response
  • Negotiation of Specific Matters with Title Company/Surveyor
Runtime: 1 hour and 30 minutes
Recorded: August 23, 2017

Description

During this program our experts will cover a variety of issues pertaining to title insurance and surveys including the fundamental issues and due diligence.

This program was recorded on Augusts 23rd, 2017.

Provided By

American Bar Association

Panelists

Vincent Macauda

President and General Counsel
Millman National Land Services

Vince Macauda gives the Millman value proposition its razor edge. With 26 years of notable experience in commercial real estate, starting as an investor, then as a real estate and title attorney and business executive. Vince infuses the client perspective into all activities of his leadership.

After dabbling in real estate out of college, Vince headed to law school, finished in the top of his class, and began a law practice in Cleveland, Ohio at Hahn Loeser Parks focused on counseling real estate investment trusts, pension funds and other businesses on real estate matters. In 1999, Vince continued to be involved in sophisticated commercial real estate transactions. In 2005, the Ohio Bar Association named Vince a Certified Specialist in Real Estate Law. In 2006, Vince was appointed by The United States District Court for the Northern District of Ohio a Master Commissioner for the Court’s foreclosure cases. He still serves in this capacity. In 2008, after years of using Deron Millman to handle the survey needs of his transactions, he joined Millman.

Vince is now President and General Counsel of the trend-setting, full service national land services firm. MVS is still reverberating around CRE operations and expectations, and Vince still specializes in giving clients more of what they want before they were expecting it.

Orlando Lucero

New Mexico Underwriting Counsel
Fidelity National Title Group

Orlando Lucero is the New Mexico Underwriting Counsel at Fidelity National Title Group. Prioer to joining Fidelity, he was Vice President and Escrow Officer at Stewart Title in Albuquerque, New Mexico, where his work included commercial and residential transactions. Before joining Stewart Title, Mr. Lucero was a practicing attorney practicing primarily in was real estate transactions, including sales and purchases of real estate, ?1031 exchanges, commercial real estate lending (representing both lenders and borrowers), commercial leasing, and development and land-use matters.

Mr. Lucero is a frequent lecturer and writer on a variety of topics related to real estate transactions, title insurance, and business entities. Mr. Lucero is a contributing author to The Commercial Property Lease, Vols. II and III (ABA 1997 and 2000). Mr. Lucero is a co-author of "Tenant Remedies: an Oxymoron," published in Probate and Property (January/February 1998) and in The Best of the ABA (Fall 1998). He is also the author of "The Nuts and Bolts of Commercial Lease Listing Agreements" published in Probate and Property (July/August 2000). Mr. Lucero is a co-editor/author of Commercial Leasing Forms, a practical forms book published by the ABA.

William A. Just

President
Just Title, LLC

William A. Just practices real estate and commercial law, and operates Just Title, LLC, a provider of commercial settlement services and title insurance, in New Orleans, Louisiana. He is a member of the ABA Real Property, Trust and Estate Section, and is the Chair of the Title Insurance and Survey Committee of the Commercial Real Estate Transactions Group. Mr. Just is a 1980 graduate of the University of Alabama School of Law, and is admitted to the bar in Louisiana, Alabama, and Texas.

Eric D. Lemont

Partner
Sullivan & Worcester

Eric D. Lemont is a partner in the Real Estate Department of our Boston office. Mr. Lemont’s practice focuses on a wide variety of commercial real estate transactions, including acquisitions and sales across various property types (office, retail, industrial, multi-family and hospitality), joint ventures, and mezzanine, construction and permanent financings. His clients include developers, lenders, real estate funds, REITs, insurance companies, institutional investors, and owner/operators. In addition, he regularly represents corporate clients on a diverse range of real estate related matters. Prior to joining the firm, Mr. Lemont was an associate in the REITs and real estate capital markets group of Goodwin (formerly Goodwin Procter).

Heather C. Johnston

Managing Shareholder
Sapphire Law Group

Heather Johnston founded Sapphire Law Group to deliver big-firm quality legal services to families and businesses in a way that is personal, convenient and efficient. Heather brings her extensive legal experience in real estate, title and financing and combines it with her passion for technology and efficiency to serve her estate planning, trust and estates and business clients.

Heather has received an “AV-Preeminent™” Rating by Martindale-Hubbell and has been named as a SuperLawyer Rising Star, and to the Best of the Bar and Top Lawyers. She has been a panelist for numerous local, state and national seminars for attorney continuing legal education and for industry groups, and has authored published articles on real estate, estate planning, insurance and related topics.


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