Issuing a title insurance policy — an essential safeguard for all property owners – is a complex process. After a title insurance professional conducts a thorough title search to verify a property’s current owner and reviews the chain of title to report outstanding liens and encumbrances, a preliminary report or commitment is prepared. The preliminary report or commitment states the title insurer’s conditions for insuring the subject property.
Do you have a firm grasp on the purpose of these pre-policy products?
Part of our new Title Fundamentals Webinar Series, this 70-minute CE/CLE* webinar will define and discuss:
- What a preliminary report and a title commitment are – and what they are not
- How preliminary reports and title commitments are prepared
- Requirements, obligations and liability risks
- Exclusions and exceptions from coverage
- Relevant case law
Whether you are new to title insurance or need a refresher course on this fundamental title topic, this webinar offers a basic primer on how to read and prepare preliminary reports and title commitments.
Monday, August 12, 2024 | 2 PM EDT – 1 PM CDT – 11 AM MDT — PDT
*CE/CLE INFORMATION
This webinar will offer continuing education (CE) and continuing legal education (CLE) credit to Doma agents and approved attorneys for select states.
Applications for 1 hour of CE credit have been submitted to: AL, D.C., DE, FL, ID, IN, LA, MD, MO, MS, NJ, NM, OH, PA, TN, TX, UT, VA and WV.
Applications for 1 hour of CLE credit have been submitted to: AL, CO, FL, GA, ID, IL, IN, KY, LA, MN, NC, NJ, OH, SC, TN, VA, WA and WV.
Please note: Receiving CE or CLE for this program is a benefit exclusive to Doma agents and approved attorneys. For more on becoming an agent or approved attorney, email join@doma.com.
Speakers
Kent Pelt
Vice President, Deputy Chief Underwriting Counsel, Western Region
Doma Title Insurance, Inc.
Kent Pelt manages the underwriting counsel for the Western Region of Doma Title Insurance, Inc., covering the states of Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming. He also serves as reinsurance counsel for Doma’s territory west of the Mississippi River. Prior to joining Doma, Kent served as managing attorney/of counsel for an Orange County, California real estate law firm. He previously served as vice president, title operations manager and general counsel for a national title insurance company’s Hawaii operation, as well as claims counsel for a variety of companies, including a leading national financial services company and a national title insurer. Kent earned his Bachelor of Arts in English degree from the University of California, Irvine and Juris Doctor degree from Western State University College of Law. He is a member of the State Bar of California and the Orange County Bar Association and serves as chair of the California Land Title Association (CLTA) Forms and Practices Committee’s Electronic Recording and Notarization, and Title Documents sections.
Terry Prillaman
Vice President, Regional Underwriting Counsel
Doma Title Insurance, Inc.
As Vice President, Regional Underwriting Counsel, Terry Prillaman supports Doma’s independent and affiliated agents in the Midwest and Mid-Atlantic regions by resolving varied issues on commercial and residential real estate transactions. He also serves as Illinois Operations Counsel with a focus on Central Illinois. Prior to joining Doma, Terry served as general counsel at Navy Federal Title Services LLC, where he provided legal counsel and title underwriting for several states, including Virginia and Illinois. For more than 15 years, he served as general counsel for several title companies in the Midwest. In this capacity, Terry held dual roles at each company, including vice president of marketing, chief operating officer and president. He also ran a private law practice for 16 years. Terry earned a bachelor’s degree in political science, with honors, from Eastern Illinois University and a law degree from Southern Illinois University School of Law and attended the University of Illinois College of Law. A member of the American Land Title Association, Terry is also a member of the Illinois Land Title Association and holds the Illinois Title Professional Designation. He is licensed to practice law in Illinois, in federal district court and in the U.S. Supreme Court.
Moderator
Amy Tankersley
Assistant Vice President, Director of Education & Industry Relations
Doma Title Insurance, Inc. As Director of Education for Doma Title Insurance, Inc., Amy Tankersley produces webinars, seminars and other instructional tools for professionals in the title insurance and settlement services marketplace. She also serves as editor of Doma’s publications, including Doma Academy Blog and NewsLink. As Director of Industry Relations, Amy manages Doma’s AgentMarketplace vendor referral program, trade association membership and media outreach. A former journalist, Amy launched her career as a reporter for the Cleveland Plain Dealer, Ohio’s largest newspaper, at the age of 15. After graduating from Cleveland State University with a Bachelor of Arts degree in communication, she served as the editor of several trade publications, including The Legal Description, The Title Report and Drug Discovery News. In 2015, she was named to Cleveland State University’s 50 Most Fascinating Alumni. Prior to joining Doma in 2016, Amy worked as a freelance journalist and multimedia service provider, primarily for the real estate, mortgage, title insurance, settlement services and financial services industries. Much of Amy’s writing has focused on legal, legislative, regulatory and compliance matters at local, state and federal levels. Amy is a member of the American Land Title Association’s Government Affairs and Education committees and several state land title associations.
