Chicago Title's E-Newsletter 3Q2017
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E-Newsletter 3Q2017
IN CASE YOU MISSED IT...Bisnow caught up with our very own Ed Burton, Senior Vice President, to discuss how the Windy City market is faring. 

Terri Spears joined the Company in 1996 and serves as Commercial Underwriter for our Chicago Title, Chicago NCS operation. Terri works closely with attorneys, lenders, developers, on clearance issues, coordinating, underwriting, facilitating closings, preparing title commitments, endorsements and policies, for multi-million dollar commercial transactions.
 
We are proud to announce that our new display has been completed featuring a timeline of Chicago Title's archives covering the history of title insurance in Chicago and the creation of our Company dating back to 1847!  Stop by our office and take a look!  

VIEW OUR DIGITAL DISPLAY
Surveys are an important part of residential and commercial real estate transactions, both to the parties involved in the transaction and the title company insuring the land.  From the basic review to complicated issues of encroachments, there is a wide range of issues that may arise which determines the type of coverage that can be provided by the title company.


The State of Illinois, in an attempt to strengthen the closing process for the benefit of consumers and lenders, enacted legislation that amends the Title Insurance Act (215 ILCS 155/1 et seq.) to require the issuance of Closing Protection Letters.

The second quarter of 2017 carried the torch of strong performance lit by the first quarter, as we generated the largest amount of quarterly adjusted pre-tax title earnings since 2003.

 
1031 TAX REFORM UPDATE

An update from our IPX 1031 group:

Labor Day has come, bringing with it fond memories of summer vacations and days at the beach. How did IPX1031 spend its summer? Working to save ยง1031 like-kind exchanges, of course!

Our President, John Wunderlich, and General Counsel, Suzanne Goldstein Baker, met with the Treasury Department, the National Economic Council, and key legislators over the summer. A highlight was a meeting with Assistant Secretary for Tax Policy, David Kautter, on his first day on the job following Senate approval!

In case you missed one of our quarterly e-newsletters, visit our News & Events page to view and download past articles covering various title insurance and escrow related topics.
 
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Chicago Title Insurance Company, National Commercial Services | Chicago, 10 S. LaSalle Street, Suite 3100, Chicago, IL 60603
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