What are the responsibilities and job description for the Title Abstractor position at BLK Services, LLC.?
Key Responsibilities:
Title Abstracting:
Document Review:
Title Report Generation:
Communication with Stakeholders:
Title Insurance Coordination:
Quality Assurance:
Collaboration:
OTHER
Adherence to Legal Standards:
Title Abstracting:
- Abstract title information from various documents to create a comprehensive and accurate summary of the property's ownership history (chain of title), tax, lien and ownership information.
- Analyze the search findings to confirm accurate transfers of title.
- Present findings in a clear and organized manner.
Document Review:
- Review and interpret legal documents, such as contracts, deeds, surveys, and easements, to extract pertinent information for the title report.
- Identify discrepancies or irregularities that may affect the title.
Title Report Generation:
- Draft detailed title reports based on the results of title examinations.
- Clearly communicate the status of the title, any potential issues, and recommended actions.
Communication with Stakeholders:
- Communicate with clients, real estate professionals, underwriters, and attorneys to gather necessary information and provide updates on title examination progress.
- Address inquiries related to title reports.
Title Insurance Coordination:
- Work with title insurance companies and underwriters to address any concerns or requirements related to title insurance policies.
- Provide information necessary for policy issuance.
Quality Assurance:
- Analyze the search to confirm accurate transfers of title.
- Conduct quality assurance checks to ensure the accuracy and completeness of title reports.
- Verify that all relevant information has been captured.
Collaboration:
- Collaborate with real estate attorneys, title companies, and other professionals involved in residential real estate transactions.
- Communicate effectively with internal and external stakeholders to facilitate the closing process.
OTHER
Adherence to Legal Standards:
- Ensure that all title examinations adhere to legal standards, regulations, and industry best practices.
- Uphold ethical and confidentiality standards in handling sensitive information.
- Use critical thinking skills to address challenges that may arise during title examinations.
- Propose solutions and work collaboratively to mitigate risks.
- Maintain knowledge of the specific geographic area where title examinations are conducted.
- Understand local nuances and regulations that may impact title searches.
- Manage time effectively to meet deadlines for completing title examinations and generating reports.
- Prioritize tasks based on urgency and importance.
- Uphold confidentiality standards in handling sensitive information during title examinations.
- Protect the privacy of individuals involved in real estate transactions.
Qualifications/Core compentencies
Experience:
* 1-2 years experience in real estate title, as a title processor, abstractor or relevant residential real estate position.
Core Competencies:
* 1-2 years experience in real estate title, as a title processor, abstractor or relevant residential real estate position.
- Familiarity with local and state-specific title examination processes.
- Strong understanding of real estate law, particularly in the context of title examinations.
- Knowledge of relevant laws, regulations, and industry standards.
- Proficiency in conducting comprehensive title searches and examinations for residential properties.
- Ability to identify and analyze potential title issues.
- Proficiency in using title search software, geographic information systems (GIS), and other relevant technology tools.
- Familiarity with online public records and databases.
- Excellent written and verbal communication skills.
- Ability to communicate effectively with clients, real estate professionals, and colleagues.
- Strong organizational skills to manage multiple title examination projects concurrently.
- Attention to detail in reviewing legal documents and abstracting information.
- Proficient research skills to gather and interpret information from various sources.
- Ability to assess the validity of legal documents and records.
- Effective time management skills to meet deadlines and complete title examinations within specified timelines.
- Prioritize tasks based on urgency and importance.
Core Competencies:
Title Abstracting:
* Expertise in abstracting title information from deeds, mortgages, judgments, tax assessments, and other relevant documents.
* Expertise in abstracting title information from deeds, mortgages, judgments, tax assessments, and other relevant documents.
- Skill in summarizing and analyzing the chain of title.
- Ability to review and interpret legal documents, including deeds, surveys, and easements.
- Identify any discrepancies or issues that may affect the title.
- Draft accurate and detailed title reports based on the results of title examinations.
- Clearly present findings and convey potential issues.
- Familiarity with title insurance policies and their implications for residential real estate transactions.
- Collaborate with underwriters to address any title insurance concerns.
- Ability to provide excellent customer service to clients and respond to inquiries related to title examinations.
- Maintain positive relationships with clients and industry professionals.
- Familiarity with the specific geographic area where title examinations are conducted.
- Knowledge of local nuances and regulations impacting title searches.
- Critical thinking and problem-solving abilities to address challenges that may arise during title examinations.
- Ability to propose solutions and mitigate risks.
- Uphold confidentiality and ethical standards in handling sensitive information during title examinations.
- Adhere to professional conduct guidelines.
- Collaborate with real estate attorneys, title companies, and other professionals involved in the residential real estate process.
- Communicate effectively with internal and external stakeholders.
- Flexibility to adapt to changing tasks, priorities, and deadlines in a dynamic work environment.
- Ability to handle a variety of responsibilities related to title abstracting.
Benefits Package Including:
Safe Harbor 401K
Safe Harbor 401K matching/instant vesting
Medical Insurance with HSA or FSA options
Dental Insurance
Vision Insurance
Child/Spouse/Employee Voluntary Life Insurance
Employer Paid Group Life Insurance (10K)
Short Term Disability
Long Term Disability
Cancer/Accident/Hospital Ancillary Policies
Unlimited PTO
5 Unplanned PTO days
Bereavement Days
Employer paid lunches during busy end of month
Safe Harbor 401K matching/instant vesting
Medical Insurance with HSA or FSA options
Dental Insurance
Vision Insurance
Child/Spouse/Employee Voluntary Life Insurance
Employer Paid Group Life Insurance (10K)
Short Term Disability
Long Term Disability
Cancer/Accident/Hospital Ancillary Policies
Unlimited PTO
5 Unplanned PTO days
Bereavement Days
Employer paid lunches during busy end of month
