Title & Escrow: Two Families, One Transaction

Property Title is a topic that has been historically “veiled” in legal jargon by many real estate professionals. This course defines and clarifies the terms and processes of title transfer and the escrow process while following two families as they navigate through a typical real estate transaction bringing this process to life. The course authors begin with simple definitions of items such as title, including the ways in which it can be held, liens and judgments. The course continues following our families through the concepts of title searches, reports and title insurance and the impact these may have on each party to the transaction. The escrow process is introduced as the transaction progresses to include the roles and responsibilities of the escrow company, its closing agents as well as the closing process. Conclusion of the transaction comes with the actual title transfer, closing, final walk through and our new homeowners receiving the keys to the property. By gaining a greater understanding the concepts of title and the escrow process, licensees are better able to prepare and support their clients.

*This course is classified as a Consumer Protection course in California.

*In Oregon, this course falls under the approved topic area(s) of Real Estate Disclosure Requirements and Real Estate Title under OAR 863-020-0035.

 
Course Name State Approval # Total Hours Elective Hours Mandatory Hours Suggested Retail Price
Title & Escrow: Two Families, One Transaction 03-00-090-7400 3 3 0   $29.00