BarbriSFCourseDetails

Course Details

This CLE course will closely examine the 2021 ALTA/NSPS Standards and examine noteworthy recent developments related to these standards. The panel will also discuss how title insurers typically address various survey matters in title policies and the utility of survey endorsements.

Faculty

Description

Land surveys are primary due diligence tools in real estate transactions or development deals. They depict location, boundary, and topography, with a description of improvements, encumbrances, and other observations.

The most recent survey standards are the 2021 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys (the Standards). Practitioners must understand these Standards (including Table A) to ensure surveys are correctly prepared.

Surveys can reveal significant title matters, which may appear as exceptions to title coverage. Counsel must address survey issues with the title company (and purchasers and lenders) and know which survey or other endorsements can resolve survey matters.

Listen as our authoritative panel reviews the most recent ALTA/NSPS Land Title Survey Standards, emphasizing reviewing surveys from the perspective of title insurers. The panel will also offer best practices for practitioners.

Outline

  1. Introduction
  2. 2021 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys
  3. Practitioner takeaways

Benefits

The panel will review these and other key issues:

  • What does a land survey accomplish, and when should it be conducted?
  • What documentation is to be provided to the surveyor under the Standards, and what is the surveyor's responsibility if those documents are not forthcoming?
  • How do the Standards address rights of way and easements?