CORAL GABLES -- The University of Miami School of Law has announced a new collaboration between its Robert Traurig-Greenberg Traurig Real Property Development LLM program and North American Title Insurance Company (NATIC).
“As attorneys, our commitment to continuing education must be the highest priority, and enrollment in this program will enhance our agents’ professional skills and their ability to take their agency and legal practice to the next level,” Emilio Fernandez, president of NATIC, said in a statement. “We are pleased to partner with such a reputable university in bringing a program of this stature to our agents.”
The press release explained that the program is the leading educational offering in the country for lawyers working in the real estate field.
“As part of the collaboration, the University of Miami is offering NATIC’s qualified agents and approved attorneys, for a limited time only, a discount of 25 percent of the per credit tuition costs,” the statement said. “To qualify, NATIC qualified agents and approved attorneys must meet the program’s admission requirements to enroll.”
The press release also said the NATIC is a seasoned title insurance underwriter, conducting real estate settlement services in 39 states and the District of Columbia.
“NATIC is the largest capitalized company in Peer Group 1, which groups companies with total assets of greater than $100 million as determined by Kroll Bond Rating Agency Inc. NATIC is ranked sixth by The Performance of the Title Insurance Underwriters in terms of cash or cash equivalents,” the press release said. “NATIC maintains over $95 million in cash and invested assets. This represents over 93 percent of the company’s assets and is characteristic of the most important attribute to title protection, namely, financial responsibility.”
The University of Miami School of Law admissions site states that all applicants to the Robert Traurig-Greenberg Traurig LLM in real property development must have earned, separate to the requirements of the joint JD/LLM program, a JD or LLB degree from a law school approved by the American Bar Association or an equivalent law degree from a foreign law school.
Furthermore, the program is designed for both recent law school graduates and also for lawyers who are seeking to deepen their understanding and mastery of real estate law, and offers a wide range of courses taught by a faculty of practitioners from across the country who are experts in their fields.
“The campus-based program is not designed for the part-time student,” the admissions site said. “Students are generally full time and should fulfill the degree requirements in a nine-month term. No outside employment is permitted during this period of study. If some unforeseen circumstance causes a student to leave the program prior to completion of the degree requirements, all requirements must be completed within three years of matriculation in order to earn the degree. No thesis is required.
However, written papers will be required in various forms, including project reports, development plans, transaction and condominium documents, critiques and evaluations.”
However, the program offers many benefits, according to the press release, including being offered both online and on-campus, structured with enough flexibility to accommodate working attorneys, visits to construction sites, meetings with developers and interdisciplinary opportunities at the university’s schools of business and architecture.