Adam Klausner is a senior lecturer at the Cornell SC Johnson College of Business. He teaches courses in law: Real Estate Law (HADM 4870), Internet Law (HADM 4890), and Law for Entrepreneurs (HADM 4800/6800), and the graduate class Real Estate Law (HADM 6870). Adam is also a practicing corporate, business and real estate lawyer with 30 years’ experience. He provides counsel to a range of companies in fields that include real estate development, hospitality, software, technology, and manufacturing. Adam also represents non-profit organizations, including groups dedicated to the promotion of culture, music, education, international development, history, and the environment.
Title and deed are two common and interrelated real estate terms that are important to discern. Title transfers are commonly recorded with a deed, which is a legal document that chronicles the change in ownership from one party to another. Yet titles and the deeds that record them are not all the same. As a party in a real estate transaction, it is important to recognize how the marketability of title can affect ownership and to be able to interpret the implications of deed types as well as what protections, promises, and potential risks they include.
In this course, you will delve into the concept of marketable title, identify and evaluate common title issues, and suggest title curatives. You will also examine the different types of deeds and identify their implications and risks to determine when certain types of deeds are appropriate to use and when they should not be. You will then explore recording laws and apply common law principles to determine who would be awarded title based on jurisdiction. After successful completion of this course, you will have gained a working knowledge of deed types, common real estate title issues, and their curatives.
How It Works
Who Should Enroll
- Real estate brokers
- Real estate developers, funds, REITS, and advisory firms
- Real estate asset managers, property managers, and project managers
- Commercial leasing agents
- Professionals involved with real estate financing and investments
- Anyone who owns real estate