Professor Theresa Garelli
This course examines the
use of title insurance in real estate transactions, including the role of
the title insurer and title insurance agents, the role of the attorney and
conflicts of interest, the nature of the title search process, the
functions of the title binder or commitment, the title insurer’s
potential tort and contractual liability, the types of coverage available,
exceptions and exclusions from coverage, use of endorsements, the duty to
defend, costs, and potential defenses to liability. The course will also
cover drafting and interpreting deeds and reading surveys.