The Trusted Adviser

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

Peter J. Birnbaum photoMany 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

This content is for members only. Consider joining — see Membership Benefits

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, Contact us for a quote or to ask questions.

Legislative Update

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


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

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.

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

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ATG Legal Education logoATG 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.

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Auctions by ATG logoAuctions 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.

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[Last update: 11-1-13]