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October 2013 | Volume 6 - Number 8

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Update from ATG Administration

ATG Holds Ninth Annual Harold I. Levine Real Estate Institute

Honoring a Mentor and Friend

Many of you have already registered for our premier Legal Education event of the year, the Ninth Annual Harold I. Levine Real Estate Institute. As of this writing, more than two-thirds of the seats are reserved and more lawyers are registering every day — don't wait!

This year's program contains another list of heavy-hitting speakers and a topic that's so fresh it's still evolving: Welcome to the New World: ALTA Best Practices and CFPB.

Big changes are coming to your real estate and title practice. In the not too distant future, only those underwriters and agents who are Best Practices Compliant will be able to compete, as lenders and the federal government are demanding the highest levels of professional and ethical conduct to better safeguard the real estate and mortgage markets. Read more.

Peter J. Birnbaum
ATG President and CEO

ATG MEMBERS | Underwriters' Bulletin

Procedural Updates

EFFECTIVE NOVEMBER 4, 2013: Will County Recording Fees Increasing

Reminder for Indiana Member Agents: New Indiana Rate Schedule Now in Effect

ATTORNEYS | Practice Notes

Real Estate and Title Insurance News

ATG LegalServe Offers Best Practices Background Check Services
As a subsidiary of Attorneys' Title Guaranty Fund, Inc., ATG LegalServe is uniquely qualified to serve the title insurance industry in complying with the new ALTA Best Practices guidelines. LegalServe provides the screening services necessary for compliance with ALTA's Best Practices #2 and #3. See ALTA Best Practices Compliance for Title Insurance Agents for more information. Also, review the Background Checks tab on the ATG LegalServe website, www.atglegalserve.com. Contact us for a quote or to ask questions.

Legislative Update

Illinois
Homestead: Public Act 98-0093 (IL) — Amends property tax law to impose penalty for erroneous homestead exemption.

Casenotes

Illinois
Contracts: Kalkman v Nedved (IL) — Seller's disclosure obligation does not include windows and doors when the statute specifically enumerated walls only.

Indiana
Mortgage Foreclosure: Seleme v JP Morgan Chase (IN) — Court-ordered teleconference not considered an appearance in foreclosure proceedings. When parties agree that a foreclosure case will not be dismissed, lack of notice is not fraud.

Wisconsin
Co-Tenancy: Wilcox v Estate of Hines (WI) — Hostile intent refers to possessors' actions - not their subjective beliefs - in the context of adverse possession.

WHAT'S NEW | Trust, CLE, Process, and Auction Services

Trust Client Brochure — ATG Trust Company provides a brochure promoting its client services, including implementing estate plans, asset protection, and trust administration.

ATG TRUST MEMBERS: Use this excellent marketing tool to introduce ATG Trust Company to your clients. Contact us at info@atgtrust.com or 312.338.7878 with your copy order or your questions.

ATG and IRELA Members - Register Now for
Our Premier Legal Education Event of the Year!

◻ 11-7-13 | The 9th Annual Harold I. Levine Real Estate Institute - Welcome to the New World: ALTA Best Practices and the CFPB (Chicago, Illinois)

Watch your e-mail and our website, we'll be posting more Fall-Winter programs soon.

FAST AND FLEXIBLE: The Process Server Responsive to Your Needs — Get the finest process serving available to lawyers today. Learn what the LegalServe Difference can make in your practice and place your order today!

NEW! Watch the PAAPRS video, Don't Shoot the Messenger.

Auctions by ATG – Your Commercial and Residential Property Auction Resource — Auctions by ATG provides professional and effective live and online real estate auction services. Sellers and buyers of all types of commercial and residential property benefit from our totally transparent auction process, superior online bidding service, and attractive pricing model. Our extensive targeted marketing often leads to pre-auction sales that close in 30 days or less.

Join Our Email List to receive Auction Property of the Week notices and updates on our auctions.

Visit our new website at www.auctionsbyatg.com for more details. If you have questions, contact Operations Manager Mary Fran Gill, 312.752.1160.

[Last update: 11-1-13]