Title Insurance Risks in Distressed Real Estate Transactions

This CLE webinar will prepare real estate attorneys to address the title insurance implications of purchasing distressed properties. The panel will explain the unique title issues that arise during mortgage modifications, foreclosures, deeds in lieu, bankruptcy and receiver sales, and note, REO, and short sales. Investors seizing new opportunities to purchase commercial properties out of bankruptcy or from distressed sellers must consider the increased risk of liens and other encumbrances on these properties. In the past, buyers could reasonably rely on title insurance to mitigate risks.However, due to the stringent underwriting requirements for transactions involving distressed properties, during title due diligence real estate counsel must carefully address the title insurance issues that could have significant economic impact for the buyer, including liens, mortgages, and lawsuits.