The purpose of this presentation is to enable title insurance escrow officers, examiners, and other title insurance professional to make decisions and understand the types of business entities in Texas, why we have those entities and the many complicated scenarios related to the different types of entities. How to solve the requirements necessary for Schedule C of the Commitment and to enable the escrow officer to act with utmost care in performing and closing the transaction so as to avoid claims.
WHAT ARE BUSINESS ENTITIES AND WHY DO WE HAVE THEM?
LIMITED LIABILITY COMPANY
PROFESSIONAL LIMITED LIABILITY COMPANY
UNINCORPORATED NONPROFIT ASSOCIATION
TTIC Underwriting Counsel
Bruce Goldston serves as Underwriting Counsel for Texan Title Insurance Company. He has more than 20 years experience in the title insurance industry, beginning in 1996 as Claims Counsel with Alamo Title. He has also served as Underwriting Counsel for major title companies, including Fidelity National Title and WFG National Title. Bruce is a native Texan and a graduate of Austin College and St. Mary’s University School of Law.
Teresa is nowhere near a stranger to the industry in Texas having begun her career researching abstracts in 1977 in South Texas. Over the past nearly 5 decades, she has established herself as a force in the title world and an industry leader in continuing education. She currently serves on the board of directors for the Texas Land Title Association and has earned the designation of CTIP.