Lillian E. Eyrich, Senior Associate
Profile
Lillian E. Eyrich has more than 31 years of experience practicing as a title insurance attorney. Lillie is known for being meticulous with details and accessible to her clients, qualities that have attributed to her being widely recognized by her peers as one of the best in the industry. In both 2022 and 2012, she was honored by U.S. News & World Report and Best Lawyers as the “New Orleans Best Lawyers Real Estate Law Lawyer of the Year.”
With the real estate transaction world faster paced than ever, Lillie is known for quickly figuring out what her clients need and responding in a timely fashion. She has a reputation for solving title insurance problems, so that a transaction can go through and not get stopped. As she says, “It is easy to let title problems put a brake on things and I’ve spent a lot of time trying to figure out how to take off the brakes. It is a crucial part of making business happen in the commercial real estate world.”
Lillie has been with Steeg Law since 1999, where she coordinates title insurance for numerous commercial and residential transactions, including hotels, office buildings, shopping centers, convenience store chains, and multi-state sales and loan closings, as well as homeowners’ purchases and refinance mortgage transactions.
In addition to providing title insurance for closings handled through Steeg Law, as an attorney with Orleans Title, the firm’s in-house title insurance agency, she works with the national accounts offices of its underwriters, First American Title Insurance Company, Fidelity National Title Insurance Company, Chicago Title Insurance Company, and Commonwealth Land Title Insurance Company, acting as the Louisiana title agent for multi-site/multi-state transactions, including the sale or refinancing of entire portfolios of commercial properties.
Lillie’s areas of practice include: real estate transactions, including negotiation of purchase agreements, leases and servitudes/easements; review and preparation of sale, loan and lease transaction documents; title examination and underwriting of title insurance commitments, policies and endorsements, including multi-site transactions involving national title insurance companies’ national business unit clients.
Representative Transactions and Cases
- Acted as title agent for the $3 million+ acquisition of a tractor supply company location in Winnfield, LA
- Represented the purchaser of a 62,000-square foot shopping center in Franklinton, LA, anchored by a national grocery chain, purchase price $5,200,000
- Served as title agent for the purchase and financing of a shopping center in Lafayette, LA; issued owner’s policy of $24,000,000 and lender’s policy of $17,500,000
- Served as title agent for $3,393,375 acquisition of an industrial complex in St. Landry Parish, LA
- Represented the purchaser of a 62,000-square foot shopping center in Franklinton, LA, anchored by a national grocery chain, purchase price $5,200,000
- Served as local counsel for the franchisee of a fitness chain in forming the franchisee entity’s limited liability company and negotiating the lease for the business location in New Orleans,LA
- Acted as title agent in connection with financing of an assisted living facility in Alexandria, LA
- Acted as title agent for the purchase and financing of theater complex in southwestern Louisiana
Professional Activities
- Member, New Orleans and Louisiana State Bar Associations
- Member, Former Chair, Former Vice-Chair, New Orleans Bar Association Property Law Committee
- Former Member, Louisiana Land Title Association Legislative Committee (2002 – 2012)
- Former Member, New Orleans Metropolitan Association of Title Attorneys
- Former Member, Louisiana State Bar Association Committee on Title Standards
- Member, Former Secretary, Former Board Member, New Orleans Commercial Real Estate Women
- Member, Commercial Real Estate Women Network
Recognition
- Best Lawyers “Lawyer of the Year” Real Estate Law, New Orleans (2022, 2012)
- The Best Lawyers in America – Real Estate Law (2008-2023)
- Louisiana Super Lawyers – Real Estate (2020-2023)
- Martindale-Hubbell – AV Preeminent
- New Orleans Magazine – Top Lawyers in Real Estate
Panels and Presentations
- November 2013: Panelist, Webinar, “How to Deal with a Title Commitment,” ABA Section of Real Property, Trust & Estate Law
- September 2012: Presenter, “The Basics of Title Insurance,” ABA Community Outreach Program
- August 2011: Presenter, “The Basics of Title Insurance: The Covered Risks, Exclusions From Coverage and Conditions of the Basic ALTA Policy Forms,” Lorman Education Services CLE seminar.
- November 2010: Presenter, “Title Insurance: The Covered Risks, Exclusions From Coverage And Conditions Of The Basic Alta Policy Forms,” ABA Outreach series at The Louisiana Bar Association.
Civic and Community
- Louisiana State Bar Association’s Secret Santa program
- Former Board Member, AIDS Law of Louisiana
Special Experience
- Licensed Title Insurance Agent
- Formerly in-house underwriting counsel to national title insurers (1989-1999)
Articles by Lillian E. Eyrich
- Lessons in Title Insurance: Copy-and-Paste Can Save Time, but Is Fraught With Peril -
- Title Insurance Endorsements for Projects Under Development -
- Lease or Own Property? Ensure You Have Legal Access to Public Roads -
- Case Alert: A Recent Decision by the Louisiana Supreme Court Will Interest Owners of Low Income Housing Developments -
- New Title Endorsements – Because One Size Does Not Fit All -
More articles by Lillian E. Eyrich »