Creative Legal Job Titles — A couple of funny job titles we found for legal professionals. The legal job titles Chief Legal Officer and General Counsel are sometimes used interchangeably, but they also carry out different roles depending on the size and type of company.
They represent the buyer as opposed to the insurer, assisting with any legal problems or questions that might crop up during the settlement process. Rochford Real Estate Law offers the services of both title company and closing attorney.
Employees of a title company, including an attorney employed by a title company, are precluded by law from giving you legal advice. How should you hold title? What is your legal obligation to your lender?
FEES: Although most people believe that a title company is less expensive than an attorney, my firm and most other attorneys with real estate based practices are actually less expensive then the title company where your real estate agent will attempt to steer you.
For a practicing attorney, you address them as "Esquire" or "Attorney at Law." For salutations, you can use "Mr.", "Ms." or "Mrs." followed by their last name.
PartnersPartners: The owners of a law firm are traditionally referred to as “partners,” though sometimes they are referred to as “shareholders” or members.” They have an ownership interest in the firm and are typically the most experienced lawyers who command the highest billable rate.
"Esq." or "Esquire" is an honorary title that is placed after a practicing lawyer's name. Practicing lawyers are those who have passed a state's (or Washington, D.C.'s) bar exam and have been licensed by that jurisdiction's bar association.
If the closing goes beyond 60 days you must collect a search closing charge from the seller to pay this bill. Who is responsible for ordering and paying for the updated survey? The seller/sellers attorney is also responsible for ordering and paying for this.
Law firms are further divided into sub-hierarchies within the lawyer and staff classes. For example, within a law firm's professional services class, there will be attorneys of different ranks and statuses, with equity partners at the top, associates in the middle, and contract attorneys at the bottom.
Attorney vs Lawyer: Comparing Definitions Lawyers are people who have gone to law school and often may have taken and passed the bar exam. Attorney has French origins, and stems from a word meaning to act on the behalf of others. The term attorney is an abbreviated form of the formal title 'attorney at law'.
esquireIn the United States, esquire (often shortened to Esq.) is a title of courtesy, given to a lawyer and commonly appended to his/her surname (e.g., John Smith, Esq. or John Smith, Esquire) when addressing the lawyer in written form.
Esq. is short for Esquire, which is a professional significance indicating that the individual is a member of the state bar and can practice law. In other words, “Esq.” or “Esquire” is a title that an attorney receives after passing a state's (or Washington, D.C.'s) bar exam and becoming a licensed attorney.
When you correspond with a lawyer, you have two choices:Write the person using a standard courtesy title (“Mr. Robert Jones” or “Ms. Cynthia Adams”)Skip the courtesy title and put “Esquire” after the name, using its abbreviated form, “Esq.” (“Robert Jones, Esq.” or “Cynthia Adams, Esq.”)
The appraisal and the title search are two completely separate processes, although they are both necessary before you can close on a new home or refinance a current one. The appraisal is a detailed assessment of the home's market value, and it usually takes only one day or so.
Typically, buyers will need to bring a few standard documents like proof of insurance and their photo IDs, but the title company and your real estate agent will be able to let you know if you'll need to bring anything else with you.
the buyerAs the survey is chiefly going to help the buyer – it tells you what state of repair it is in and possible risks with the property – it is usually the buyer who arranges the survey and pays for the survey. Homebuyers generally arrange to have a house survey done after their offer has been accepted by the seller.
Most real estate companies in Northern Virginia have a financial connection to a title company and suggest, cajole or require their agents to refer their clients to a specific title company for the simple fact that the company makes an additional fee from the settlement on your property.
FEES: Although most people believe that a title company is less expensive than an attorney, my firm and most other attorneys with real estate based practices are actually less expensive then the title company where your real estate agent will attempt to steer you. This is especially true for a seller as the title companies generally overcharge ...
You may do well to consult with a criminal defense attorney in your area, to inquire whether the police department has the right to require you to turn over your property (was a warrant required, etc.?). With respect to your ownership of the vehicle, you will need to research the chain of title of the vehicle, to look for any gaps in the records.
You may do well to consult with a criminal defense attorney in your area, to inquire whether the police department has the right to require you to turn over your property (was a warrant required, etc.?). With respect to your ownership of the vehicle, you will need to research the chain of title of the vehicle, to look for any gaps in the records.
The buyer’s attorney or the real estate agent’s attorney typically conducts the title search. A title search generally involves reviewing public property records to ensure that there are no errors in the title to the property.
The majority of lenders require that the buyer obtain title insurance. The buyer only pays for the title insurance one time and it remains in effect until they sell the property or refinance the property.
Title insurance protects property buyers and mortgage lenders against defects or problems with a title when someone is buying a house. There are two types of title insurance policies that are typically purchased. The first type is the owner’s policy, which protects the new owner, and the second is a lender’s policy, which protects the lender.
If the property owner took out a second mortgage on the property and failed to record that mortgage, the title is defective. While a buyer is able to assume a mortgage, meaning the buyer agrees to purchase the property and pay off that mortgage, this buyer is not required to do so.
If the deed does not sufficiently identify the piece of property or if it inaccurately describes the piece of property, then there is a defect in the title.
In these types of cases, title insurance is necessary to help deter any major financial losses.
Title searches are now conducted as part of the standard real estate transaction to help prevent any issues in the purchase. A seller must have free and clear ownership of the property, which means they can rightfully and legally transfer full ownership of the property to you.
Answer: The TxDMV issues a Notice of Determination for a Bonded Title or Tax Assessor-Collector Hearing for a motor vehicle when an application for title is rejected. You received the letter from the TxDMV because you are listed as a lien holder or current owner on the title record on the vehicle for which an application for title was made and rejected. An Applicant whose title application has been rejected may apply for a bonded title under Texas Transportation Code §501.053 or request a hearing on the TxDMV’s refusal to issue title before the Tax-Assessor Collector in the applicant’s county of residence under Texas Transportation Code §501.052
Bonded Title: You will need to submit a completed Bonded Title Statement of Fact Form (Form VTR-130-SOF), copy of applicant's current driver license or government-issued photo identification and a $15 fee, in person (check, cash or money order) or by mail (check or money order) to the Texas Department of Motor Vehicles Regional Service Center to determine eligibility.
The department should not be named as a party to lawsuits to establish ownership between private parties because it is not a proper or necessary party to such a suit.
A bonded title will not issue on a vehicle with a lien shown on the title unless the company issuing a bond presents a release of lien document or certifies that all liens have been satisfied. If you are still concerned and wish to prevent a title transfer, you may wish to talk to an attorney or pursue litigation.
Law firm administrator: The person in this role oversees day-to-day operations for a firm.
Judge: The judge presides over the court and ensures that the case proceeds in a fair, impartial, and just manner.
The BLS found that the average salary in 2018 for people in the legal industry, from paralegals to lawyers to court reporters, was $80,810.
BLS also projects that the employment of lawyers will grow 6% from 2018 to 2028, with 50,100 new jobs created in that decade.
Mediator: Unlike a lawyer, a mediator is a neutral third party and doesn't represent anyone person involved in a legal matter. Mediators are non-biased negotiators for all parties involved in the dispute, and they work to resolve everyone's issues and come to a mutual understanding and agreement without a judge or jury. They can work in legal administration, labor unions, and the arts, for instance. They can also specialize in a particular area, like divorce mediation.
These are some of the first jobs that pop into people's heads when they think of people who work in law. Arbitrator: If both parties agree, an arbitrator can help settle a legal disagreement directly between parties, instead of going through the court system. Attorney: Also known as lawyers, attorneys are advocates for their clients' rights.
Court messenger: As you might expect, people in this role are responsible for getting files, documents, and evidence where it needs to go.
When the buyer and seller have reached closing day, it is the responsibility of the title company to collect and obtain all signatures needed for the multitude of documents associated with the home purchase contract and the mortgage loan that will be used to pay for the home. Once these documents are in order, the title company will often act as the escrow agent between parties, collecting fees for homeowner's insurance, title insurance and property taxes from the buyer and distributing them to the appropriate organizations. Once all cash exchanges have been concluded during the home sale, the title company is also responsible for recording the allocation of all funds in a HUD-1 statement and then disbursing these funds to the appropriate parties.
As a final step, the title company will record all relevant information about the deed to the home and the current mortgage undertaken by the buyer and ensure that it is documented in the public records of the county in which the home is located.
Once the encumbrances listed in the abstract of title have been resolved, the title company will provide the buyer with title insurance. This insurance confirms that all encumbrances have been resolved, and that a mortgage lender financing the property will be free of any legal burden to encumbrances created by the new buyer.
The Title Search. Once the buyer and seller have signed the contract of sale, it is up to the title company to thoroughly search for any potential legal or financial hurdles that may hinder the property transfer. A title company will search all available records for any competing claims to the property, often referred to as encumbrances.
A title company will search all available records for any competing claims to the property, often referred to as encumbrances. Examples of some of the more commonly found encumbrances are tax liens and pre-existing mortgages.
As soon as the contract of sale has been signed by both the buyer and seller, a specific sequence of events begins that culminates in the complete transfer of ownership of the house from one party to another.
Study.com says: “The Chief Legal Officer is a top executive who works with other chief executives to make business decisions promoting growth. The General Counsel is primarily an advisor who aims to limit the company’s legal risk.”. For example at Crowdstrike, Paul Shinn is the Chief Legal Officer and Cathleen Anderson is the General Counsel.
A Legal Assistant (a Paralegal in a private law office) is an important role in a company’s legal team. A Legal Assistant is responsible for:
Legal Analyst. A Legal Analyst does legal research and provides support to a legal team. A Legal Analyst may play a specialized role or work on all aspects of legal items for a company. A Legal Analyst also conducts interviews and prepares legal contracts.
A Legal Intern is an entry level legal role that assists the legal team with various tasks. The duties of a Legal Intern include:
A General Counsel is a senior-level legal executive who works directly with the CEO to manage the legal aspects of a business. A General Counsel is responsible for: giving legal advice to senior leaders. acting as an external legal representative.
A Legal Secretary is a specialized administrative assistant that helps coordinate legal tasks for a company.
A Patent Agent creates patent documentation and helps companies file for new patents. A Patent Agent also manages any issues that arise during the patent qualification process. A Patent Agent is responsible for staying on top of new patent regulations and policies.