BarbriSFCourseDetails

Course Details

This CLE course will explain the 2021 ALTA/NSPS Standards and identify the recent, significant modifications. 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 new 2021 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys became effective on Feb. 23, 2021. Practitioners must understand the revised 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 revised ALTA/ACSM Land Title Survey Standards. The panel will look at the last set of changes from the 2011 Standards, including the revised Table A, emphasizing reviewing surveys from the perspective of title insurers.

Outline

  1. 2021 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys
  2. Changes from Prior Standards

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 new Standards, and what is the surveyor's responsibility if those documents are not forthcoming?
  • How do the new Standards address rights of way and easements?