13 Apr

How and When Title Insurance Considerations Reduce Risk…..and Litigation

April 13, 2016Eric Olson, Bob Elliot, Debi Kroman

Presented by Eric Olson, Esq., Bob Elliot and Debi Kroman

Hear remedies for a frequent real estate title situation: we typically assume that the “freebie” property profile does confirm title, but that may not always be so. Planning an estate is the ideal time to be make sure that all is as you assume it is or are told it is ~ and also the best time to identify any necessary corrections needed in the chain of title. The business of title insurance companies is to assemble information about properties in the happy expectation that it will be complete and accurate, so that when they issue the title insurance policy, the potential for a claim is microscopic.

Eric Olson Esq.
Pomona College ’62 Harvard Law School ‘65
Member of Baker, Olson, LeCroy & Danielian 1995 to present
As fiduciaries, we regularly have real estate come into our hands. Our typical assumption is that the title is what we can confirm by a “freebie” property profile, and commonly that is correct, but not necessarily. The time that you are administering or planning an estate is an ideal time to be confident that all is as you assume it is and to take care of needed corrections if necessary.

Bob Elliot
Senior Vice President & Division Manager
North American Title Insurance
Bob is a proven business leader with 43+ years of local industry experience, including 25+ years at the executive leadership level. He possesses a solid track record of transforming underperforming businesses to realize greater potential and is known as a results-oriented leader who clearly communicates the organizational vision and reinforces such through decisive action and associate engagement.

Debi Kroman
Vice President, Southern California
North American Title
I launched my career in the title insurance industry in 1984 and have been with North American Title Company since 1996. My primary focus is in the commercial investment arena, as well as serving single-family lenders.