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CLTA NEWS
Bulletin 12/13-56- December 20, 2012
The California Land Title Association is releasing its annual Summary of Legislation in a high-resolution electronic format, complete with live hyperlinks to chaptered bill text and exclusive web content. ...

 
Bulletin 12/13-55 - December 7, 2012
We are excited to invite your company to be a sponsor at CLTA’s upcoming Annual Convention where the largest gathering of California’s title insurance industry will meet together in Half Moon Bay. ...

 
 
SACRAMENTO REPORT
On December 12th the Energy Commission adopted regulations for the Nonresidential Building Energy Use Disclosure Program. The regulations require building owners to electronically complete and submit a compliance report. The report is accessible by ...

 
The largest Freshman Class of Legislators since 1966 was sworn in on December 2nd. The partisan makeup of the Legislature is also making headlines. In both houses of the Legislature the Democrats have a two-thirds margin. This is the first time since ...

 
Senator Mark Leno introduced Senate Constitutional Amendment No. 3 to place a measure on the ballot to change Prop. 13 to make it easier for voters to pass school parcel taxes by a 55 percent vote instead of the current ...

 
Chapter 201 (Assembly Bill 2314) becomes law on January 1, 2013 and amends Health and Safety Code Section 17980(b) to require an entity issuing a reconveyance to provide notice to a public agency that has recorded a lis pendens based on the ...

 
INDUSTRY NEWS
The Department of Corporations (DOC) issued Commissioner's Bulletin No. 001-12 on December 5th addressing vetting of settlement agents by third party risk management companies. The bulletin was issued to prevent DOC licensees from inadvertently ...

 
The drive by Mortgage Resolution Partners to promote local government’s use of eminent domain to seize performing mortgages and negotiate principal reductions may be nearing its end in the face of a slowly improving housing market ...

 
COURT CASES
Shuster v. BAC Home Loans Servicing (B235890)
1. Omission of the name of the trustee in a deed of trust does not preclude a non-judicial sale. It was sufficient that a trustee was substituted prior to the foreclosure.
2.The foreclosing party does not have to have an interest in or ...

 
La Jolla Group II v. Bruce (F061829)
1.In order to be privileged under CC 47(b)(4), a lis pendens must a) identify a previously filed action and b) the previously filed action must be one that affects title or right of possession of real property. The court declined ...

 
Twenty-Nine Palms Enterprises Corporation v. Bardos (E051769)
In an Indian tribal corporation's suit to recover money paid for construction work done on tribal land, on the ground that defendant was unlicensed at the time of the contract, a grant of summary judgment in favor of the plaintiff was affirmed where ...

 
Wendel, Rosen, Black & Dean LLP
Garrett & Tully, A Professional Corporation
Data Trace
Union Bank
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