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OLTA Short Sales Seminar 11/1/2011
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OLTA Short Sales Seminar 11/1/2011

11/1/2011

When: Tuesday, November 1, 2011
From 9 am to 12:15 pm
Where: Embassy Suites Columbus Airport
2886 Airport Dr
Columbus, OH  43219
Contact:
Ohio Land Title Association

Details

On-line registration is now closed. Please register on-site. 

Sponsored by First American Title Insurance Co. & Ohio Bar Title Insurance Co.

2010 and 2011 has seen many changes in how short sales are handled. The trends we have noticed in the last six months are creating confusion and risk for all parties involved. What's more, there is an increase in the amount of fraud within the structuring of short sales. Realizing that short sales are going to continue for some time into the future and that our industry will continue to handle these transactions on a regular basis, all real estate professionals need to have a better understanding of the risks involved when assisting in a transaction that involves a short sale.

Currently there has been an increase in litigation regarding short sales. Most of this litigation stems from the seller's misunderstanding that some Lenders authorizing the short sale require the deficiency to be repaid after the sale. Many consumers are under the impression that any short sale acceptance releases them from any further liability under the Note. With this in mind, "protecting the parties involved” in a short sale will focus on basic principles of law, examples of litigation trends, recent legislation and practical advice on how to properly advise a short sale buyer, seller, and Realtor involved in such transactions.

Speakers

J. Scott Stevenson, Northwest Title

Frank Long, Stewart Title Guaranty Co.

Nick Chucales, Ohio Division of Real Estate & Professional Licensing

Sam Halkias, Old Republic National Title Insurance Co.

Kevin Eichner, First American Title Insurance Co.

Sam Shellhaas, First American Title Insurance Co.

Pricing

Registration per person is $60 for members and $99 for non-members

After October 21, 2011 registration will be $85 for members and 125 for non-members

If you do not wish to register on-line, you may download the registration form and mail or fax in with your payment.

Driving Directions

From Port Columbus International Airport - West on International Gateway Drive to 670 West to Exit 9 Cassady Avenue through the light onto Airport Drive hotel will be on the right.

From Downtown Columbus - I-670 East exit #9 Johnstown Road / Airport staying right at the fork onto Johnstown Rd. Right on Cassady Avenue left on Airport Drive hotel on right.

From the North, I-71 South to I270 East to I-670 West exit #9 Cassady Avenue through light on Airport Drive, hotel on right.

From the South, I-71 North to I-670 East-Airport, exit #9 Johnstown Road, stay right at the fork onto Johnstown Rd, right on Cassady Avenue, left on Airport Drive hotel on right

From the East, I-70 West to I 270 North to exit #35 I-670 West to Cassady Avenue exit #9 through the traffic light onto Airport Drive hotel on right

From the West I-70 East to I-71 North exit #101A left hand exit toward Cleveland, take I-670 East exit towards Airport, Exit #9 Johnstown Road, stay right at the fork onto Johnstown Rd, right on Cassady Avenue, left on Airport Drive hotel on right

Continuing Education

OLTA has applied for 3.0 CIE(Continuing Insurance Education) Ethics and General Title Credit Hours from the Ohio Department of Insurance. Additionally, OLTA has applied for 3.0 of CLE(Continuing Legal Education) Credit from the Supreme Court of Ohio.
Sign the attendance roster before the session.

    1. Attend the session in its entirety
    2. Complete & sign the request for CIE credits
    3. Turn in the request for CIE credits at the end of the session

Partial CIE credit can be given to attendees of this seminar. The credit must be rounded down to half hour increments

OLTA will only accept National Producer Numbers (NPN) for Continuing Insurance Education credit. We cannot accept social security numbers or license numbers. To find your NPN, visit http://www.sircon.com/and select Ohio from the state drop down menu. You may also find your NPN number through http://www.insurance.ohio.gov/Pages/default.aspxunder Quick Links/Agent/Agency Locator on the left side of the page.

Requirements for Continuing Legal Education credit have not changed. You are still required to provide your Attorney Registration Number to receive credit.

 
 
 

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