First American Title Insurance Company's New York Division Rolls Out 2011 Continuing Legal Education Program / Seminars Designed to Meet Strong Demand from New York's Legal Community--

SANTA ANA, Calif., March 3, 2011 /PRNewswire/ -- First American Title Insurance Company announced today its much anticipated 2011 program of Continuing Legal Education (CLE).

The 2011 CLE program provided by First American Title Insurance Company's New York Division offers 25 individual seminars on a range of topics from "Title Insurance 101" to timely and more practice-specific courses such as "Transfer and Mortgage Taxes in Foreclosure and Bankruptcy."

The 2011 program is designed to satisfy increasing demand for market-specific information from attorneys and other professionals in the real property sector, as New York's real estate markets enters recovery. Course information is designed to serve as a valuable resource to those seeking to understand regulatory developments impacting the industry.

For many years, First American has been the largest and most prolific provider of real estate-oriented CLE courses in New York. In 2010, approximately 2,500 attendees participated in nearly 60 individual CLE presentations across New York City and Long Island.

Featured lecturers this year are renowned veteran title experts, Michael J. Berey and S.H. Spencer Compton, Esq. Both are First American executives, frequent CLE lecturers and prolific contributors of real estate law articles to the prestigious New York Law Journal and the New York Real Property Law Journal.

Among his numerous contributions to the CLE program in 2011, Berey will be lecturing on current developments in New York case law affecting real property and New York City development rights, a discussion of the law authorizing the transfer of development rights. Compton's many presentations this year will include courses on 1031 exchanges, commercial leasing and title insurance in sophisticated real estate loans.

The CLE program also features seminars led by First American's Andrew Jaeger, Esq.; Anthony Vozza, Esq.; David Wanetik, Esq.; Mitchell Gluck Esq.; Matthew Cahill, Esq.; Stephen Farber, Esq.; Vincent Plaia, Esq. and John Kelley, Esq.

Dedicated to keeping New York's real estate community abreast of key topics and developments, First American's CLE seminars are available on request and at the convenience of those they serve. For more information or to schedule a CLE presentation, First American invites interested parties to contact Michelle Donaldson at [phone] or [e-mail].

The full program of First American's 2011 CLE seminars follows: COURSE DESCRIPTION SPEAKER ------ ----------- ------- An overview of the process and requirements for a tax-deferred exchange under Section 1031 of S.H. Spencer 1031 Exchange the Internal Revenue Code. Compton, Esq. ------------- ------------------------------- ------------- Michael J. Berey, Esq., S.H. Spencer Insuring Clauses, Exclusions and Compton, Esq., or The 2006 ALTA Conditions in the 2006 ALTA Andrew D. Jaeger, Forms title insurance policies. Esq. ------------- --------------------------------- ------------------ Building Loans & New Construction lending in New York York's Lien including transaction structures Michael J. Berey, Law and lien priority issues. Esq. ------------- --------------------------------- ------------------ A review of actual claims files and litigation discussing real Claims property law and title insurance James Thanasules, Chronicles coverage issues. Esq. ------------- -------------------------------- ------------------ Basic lease negotiation from both Commercial the landlord's and the tenant's S.H. Spencer Leasing 101 counsels' perspectives. Compton, Esq. ------------- ---------------------------------- ------------- Discussion of recent New York Current case law affecting real Michael J. Berey, Developments property. Esq. ------------- ------------------------------ ------------------ DIP Financing and Other Bankruptcy Concerns for A discussion of real estate and the title insurance issues in S.H. Spencer Transactional various bankruptcy contexts, Compton, Esq. or Real Estate including DIP financings, 363 Andrew D. Jaeger, Lawyer sales and exit financings. Esq. ------------- -------------------------------- ----------------- This program compares the new "Rules of Professional Conduct" enacted 4/1/09 to the old "Code Ethical of Professional Responsibility" Conflicts and discusses specific conflicts S.H. Spencer for Real of interests and IOLA account Compton, Esq. or Estate considerations faced by the real Anthony Vozza, Practitioners estate practitioner. Esq. -------------- -------------------------------- ----------------- For newly admitted attorneys, as well as practitioners delving into the transactional residential real estate field, this program offers a review of the drafting, negotiation and execution of the residential How to contract of sale and Conduct a considerations in representing Real Estate the residential purchaser/ Closings seller. Anthony Vozza, Esq. ------------ --------------------------------- ------------------- Discussion of principles, New Marketable York case law and statutes Michael J. Berey, Title concerning marketable title. Esq. ------------ ------------------------------ ------------------ Mortgage Understanding and applying New Recording York's mortgage recording tax Michael J. Berey, Tax statute. Esq. ------------ ------------------------------- ------------------ New York City A discussion of the law Development authorizing the transfer of Michael J. Berey, Rights development rights. Esq. ------------- ---------------------------- ------------------ Critical real estate issues can be overlooked in a broader Real Estate corporate transaction. This and Title program discusses issues such as Insurance in the impact of transfer and Corporate mortgage taxes, and title Andrew D. Jaeger, Transactions insurance. Esq. ------------- -------------------------------- ------------------ Real Estate in Distress The value of title insurance in and Title restructuring real property in Michael J. Berey, Insurance distress. Esq. ----------- -------------------------------- ------------------ A review of changes made by and arising from the revisions to Revised Article 9 of the Uniform Article 9: Commercial Code as well as cases Pitfalls and and the benefits of the various Protections UCC Insurance products providing -UCC risk management in commercial David L. Wanetik, Insurance real estate transactions. Esq. ------------- -------------------------------- ------------------ Mitchell Gluck, Survey review and its application Esq., or Andrew D. Surveys 101 to title insurance. Jaeger, Esq. ----------- ---------------------------------- ------------------- Michael J. Berey, Esq., Matthew Cahill, Esq., S.H. Spencer Compton, An overview of the title Esq., Stephen R. Title insurance process including the Farber, Esq., or Insurance review and negotiation of title Andrew D. Jaeger, 101 reports. Esq. ---------- -------------------------------- ------------------ Title A title insurance report Insurance negotiating session with class S.H. Spencer 102 participation. Compton, Esq. ---------- ------------------------------- ------------- Title Insurance The Eagle 9(TM) UCC Policy for co- for Co- operative unit buyers and operative lenders: application and S.H. Spencer Units underwriting. Compton, Esq. ---------- ---------------------------------- ------------- Title Insurance in Sophisticated Real Estate Non-imputation and mezzanine Loans in loan endorsements; UCC S.H. Spencer 2011 insurance. Compton, Esq. ------------- ----------------------------- ------------- How consideration is calculated Transfer and for transfer tax in a Mortgage foreclosure and for a Bankruptcy Taxes in sale. Mortgage recording tax as Foreclosure it relates to foreclosures and and how it is dealt with in a Vincent L. Plaia, Bankruptcy Chapter 11 Bankruptcy. Esq. ------------ -------------------------------- ------------------ Matthew Cahill, Esq., Stephen R. A discussion of New York State Farber, Esq., Transfer and New York City transfer tax Andrew D. Jaeger, Taxes in New implications on the transfer of Esq., or John P. York real estate in New York. Kelley, Esq. ------------- ------------------------------- ------------------ Recommended amendments to Article 9 of the Uniform Commercial Code may be effective in 2013. Some of the recommended practices should be implemented UCC RA9 II - immediately. A review of recent Coming in case law which has interpreted 2013 - What various portions of the UCC in a You Can Do way to question established David L. Wanetik, Now practices. Esq. ------------ --------------------------------- ------------------ A discussion of the loan work- S.H. Spencer out process from both the Compton, Esq. or borrower's and lender's Andrew D. Jaeger, Workouts 101 counsels' perspectives. Esq. ------------ ------------------------------ ----------------- About First American Title Insurance Company

First American Title Insurance Company, the largest subsidiary of First American Financial Corporation , traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. The company has its headquarters in Santa Ana, Calif. Information about First American Financial Corporation's subsidiaries and an archive of its press releases can be found on the Internet at http://www.firstam.com/.

Media Contact: Investor Contact: Carrie Navarifar Craig Barberio Media Relations Manager Director of Investor Relations First American Financial Corporation First American Financial Corporation [phone] [phone]

First American Financial Corporation

CONTACT: Media, Carrie Navarifar, Media Relations Manager,
[phone], Investors, Craig Barberio, Director of Investor Relations,
[phone], both of First American Financial Corporation

Web Site: http://www.firstam.com/