California Land Title Association eNews

California Land Title Association.

CLTA NEWS
The April 2011 update to the CLTA CD ROM has been distributed to all paid subscribers. If you are interested in purchasing the CLTA CD, which includes ...
 
A revised TSG form is now effective for issuance in California. The TSG form is clearer and now has a new Schedule A that incorporates all of the assuring provisions previously found on ...
 
SACRAMENTO REPORT
A group of mortgage bills strongly opposed by CLTA and a coalition of lenders, real estate industry associations failed passage in the Assembly Banking committee on Monday. Two were ...
 
On May 3rd, CLTA helped to kill AB 1321 (Wieckowski) in the Assembly Judiciary Committee. As part of a larger coalition involving MERS and lenders, CLTA helped to convince the Judiciary Committee to ...
 
INDUSTRY NEWS
The California Escrow Association released a news flash regarding one lender interpreting Fannie Mae guidelines requiring name clearance to include settlement agents.
 
The ALTA recently revised 12 existing endorsements, adopted four new endorsements and decertified several policy forms, including the ALTA Master Residential Loan Policy and Residential Loan Certificate. One of the new ...
 
The CLTA, working closely with several individual title companies and law firms, took steps to oppose a resolution originating with the San Diego Bar County Association that would impose abstractor liability. If adopted ...
 
Lorman Education Services will be holding a Title Examination seminar in San Francisco on October 5, 2011 and are in need of presenters for the program. There is some flexibility ...
 
COURT CASES
Barry v. OC Residential Properties (G043073)
Under C.C.P. 729.035, a trustee's sale to enforce a homeowners association lien is subject to a right of redemption for 90 days after the sale, and under C.C.P. 729.060 the redemption price includes reasonable ...
 
The Main Street Plaza v. Cartwright & Main, LLC (G043569)
Plaintiff sought to establish a prescriptive easement for parking and access. The trial court granted a motion for summary judgment against plaintiff because it had not paid taxes on the easement. The appellate court ...