Date: 05/27/2026
Time: 9:00 - 4:00 p.m.
Location: Live Online Seminar
9:00 - 10:00: The Closing Process Explained: A Practical Refresher
- Paul A. Lanni
10:00 - 11:00: Preceding the Closing Date
- Paul A. Lanni
- Opening the Closing: How to Get Started
- Review of the Sale Agreement
- Insured Closing Letters vs. a Title Policy
- Coordinating a Settlement Date and Items Not to be Forgotten
- The Reports Arrive: Reading Payoff Letters, Tax Searches and Other Data
- Receipt of Closing Package from the Lender
- Circulation of Documents for Approval Prior to the Closing
- Other Documents Involved
- Example Checklists
11:15 - 12:15: Reviewing the Title Commitment: What to Watch out for
- Daniel Markind, Shareholder, Real Estate & Environmental Department and Energy Practice, Flaster Greenberg PC
- Schedule A Landmines
- Schedule B Bear Traps
- Analyzing Land Surveys and Legal Descriptions
- Negotiating Removal of (or Affirmative Coverage for) Exceptions
- Essential Title Insurance Endorsements to Obtain
- Resolving Common Title Defects
12:45 - 1:45: Proper Closing Procedures
- Ricardo Aponte-Parsi
- The Role and Duties of the Settlement Agent
- Resolving Last Minute Issues at the Closing Table
- Document Signing
- Obtaining Identification
- Originals or Copies?
- Preparing the Documents for Recording
- Receipt and Handling of Funds from all Parties
- Deposits, Disbursements and Holdbacks
- Reconciling Funds Received on the Settlement Statement
- Avoiding Liability Pitfalls
- Example Checklists
1:45 - 2:45: Post-Closing Procedures: Tying up Loose Ends
- Ricardo Aponte-Parsi
- Final Recording Information or Certificate from Attorney
- Conducting Post-Closing Title Searches
- Releases of Pre-Existing Liens
- Preparing and Returning the Closing Package to the Lender
- Post-Closing Covenants
- Resolving Any Remaining Closing Issues
- Example Checklists
3:00 - 4:00: Ethical Considerations
- Aaron M. Barham
- Applying the Rules of Professional Conduct
- Good Faith Required in Real Estate Transactions
- Lawyers and Title Insurance Companies
- Trust Accounts
- Representation of Multiple Clients - Conflicts of Interest
- Disclosure of Defects in Property
