This and That – August 7, 2012

The August heat and humidity in Richmond has fried this author’s brain, so today’s blog will contain several stories I found to be of interest. ALTA Approves More New Endorsements The ALTA approved two new endorsement forms, which will carry a publication date of...

Glitzy Miami Center Sold to Crocker Partners

In a sign that Miami’s commercial real estate market may be starting to rebound, Crocker Partners, a Florida investor, recently purchased the 34-story Miami Center from Sumitomo Corp. of America.  The $262.5 million purchase is the biggest commercial real estate...

Title Insurance 101 – Homestead Exemptions

Homestead exemptions were created by statute in various states in the 1800’s and are a purely American creation.  Historically, the homestead exemption gave the head of a household the right to protect the family home from the grasp of creditors, up to a set monetary...

Title Insurance 101- What is an ALTA/ACSM Survey?

When buying or financing real property, the lender or purchaser will want information regarding the existence and location of improvements that may be on the property.   This is because, while a title search will tell you who has rights in and on the property, it does...