The National Association of Land Title Examiners and Abstractors recently sent AFX President Dave Pelligrinelli to the PRIA Land Summit in Washington DC to represent the association as a summit panelist.
The panel discussion covered a number of important topics including MERS and the nominee trustee system, e-recordings, national lien registries, and notarial processes. NALTEA was represented on the panel by Dave Pelligrinelli. In addition, approximately 200 were in attendance as audience participants, many from county recorders offices across the country. NALTEA members should note that no matter what the format of land records will be, that the value added by professional title abstractors is not “getting” the records, but it is in the analysis and interpretation of them. The need for highly skilled and certified abstractors continues. My presentation to the panel was that NALTEA wished to support a solutioin to the land records systems in the US which will allow for abstractors to provide search reports to clients will will document title status to a definitive degree. The records should be robust enough to be usable by clients, and eliminate ambiguity for end-users and liability for the searcher. Secure property ownership in the US depends upon this being able to be accomplished.
More details at the NALTEA website link.
- Dave Pelligrinelli