In this course, we cover two different segments of title holders: business entities and trusts. You will learn typical scenarios when dealing with entities and trusts, what to require and what to ask of your customers.  You will also learn who has the authority to sign documents in different types of entities, including corporations, limited liability companies and partnerships. Listen in and gain insight on this oftentimes complicated and important industry topic.

This course covers:

• The basics of handling a trust or trustee in title
• Terms such as settlor, trustor, beneficiary and corpus
• Types of trusts and common authority issues
• “Magic” language in the trust
• Solving common authority issues with a certificate of trust
• Trust examinations and closing issues involving a trust
• Types of business entities and dealing with closing issues in entity transactions
• Title insurance requirements for non-profit corporations