MONEY AND AUTHORITY- Chattanooga

 MONEY AND AUTHORITY-

TWO INTEGRAL ASPECTS OF EVERY CLOSING AGENCY/PRACTICE

 

TNLTA Land Title School

February 21- Knoxville

February 22- Chattanooga

February 23- Nashville

Applied for:  3 hours General CLE

Applied for:  3 hours General CE

 

  COURSE DESCRIPTION

Part I of this course will examine key areas surrounding the receipt and disbursement of funds associated with residential real estate closings, including the Tennessee Good Funds law, the Foreign Investment in Real Property Tax Act (FIRPTA), and money laundering.

Part II of this course will focus on various entities including LLC’s, corporations, partnerships, trusts and non-incorporated religious groups, the authority of their respective officers and members to execute deeds and other legal documents on behalf of these entities, and the documentation required to support said authority.  In addition, attendees will receive insight on the proper notary acknowledgements to use when a non-individual entity is involved, and there will be a discussion of Powers of Attorney and their proper use. 

 

Open Brochure

 

AGENDA

8:30-9:00 am– Registration

9:00-10:30 am

I. Money

A. Tennessee Good Funds Law

B. The Foreign Investment in Real Property Tax Act (FIRPTA)

C. Money Laundering

 

10:30-10:45– Break

 

10:45-12:15 pm

II. Authority

A. Business Entities

     1. Corporations

     2. Limited Liability Companies (LLC’s)

     3. General Partnerships

     4. Limited Liability Partnerships

     5. Limited Partnerships

B. Other Entities

     1. Sole Proprietorships

     2. Unincorporated Associations

     3. Churches/Religious Organizations

     4. Trusts

C. Powers of Attorney

D. Notary Acknowledgements for Non- Individual Entities

 

 

PRESENTERS:

Joshua  Hopkins

Justin Tanner-

Fidelity National Agency Solutions

Andy Maloney-

 Nashville Title Insurance Corporation

 

 

NOTE: For member attendees from the same office, second and subsequent registrants may attend at the discounted price of $50 per person. You must be a TNLTA member to take advantage of this discount, and register at the same time.