COVID-19: Title Insurance Considerations for Remote Real Estate Closings (Commercial and Residential Transactions) | Practical Law
An Article discussing the potential impact of the 2019 novel coronavirus disease (COVID-19) on real estate transactions, particularly on due diligence, title insurance matters, the closing process, and document execution, delivery, and recordation. This Article describes considerations for real estate counsel, including the possibility of remote online notarization (RON) and electronic recording (e-recording), while jurisdictions address COVID-19, office closures, reduced workforces, and recording backlogs. For more information on our additional coverage of COVID-19 issues, see Real Estate Global Coronavirus Toolkit.