CLTA eNews - May 2013 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile Garrett & Tully, A Professional Corporation
CLTA NEWS
On behalf of CLTA Officers, Board of Governors and staff, we would like to extend our sincere appreciation to the sponsor's of CLTA's 106th Annual Convention. ...
 
The CLTA's Bankruptcy Webinar (1.5 MCLE/PD Credits) is now available to order ... 
 
During the Association's 106th Annual Convention held April 28-30, 2012 at The Ritz-Carlton Half Moon Bay, the CLTA Board of Governors and membership at large elected the following officers ...
 
Congratulations to Bob Ayers of TransCounty Title Company on his election as an Honorary Member of the California Land Title Associatoin. Mr. Ayers received the honor ...
 
Lorraine Mann, Compliance Manager for Equity Title Company/Title Resource Group, was selected as the recipient for the CLTA's Presidential Award at the Association's 106th Annual Convention, held May 28-30, 2013. Lorraine has ...
 
A number of CLTA member company representatives, CLTA Board member Don Partington, and CLTA's Executive Vice President, Craig Page, attended the ALTA Federal Conference and met with members of Congress advocating ... 
 
SACRAMENTO REPORT
A CLTA task force prepared a list of questions for the staff of the California Controller’s office regarding the review process for Pre-AB 26 transfers of property by redevelopment agencies and the review of the transfer of ...
 
Assembly Bill 905 (Ting), which would have implemented environmental fee covenants (or "ecovenants") as an alternative to the Property Assessed Clean Energy (PACE) program, missed a key deadline last week ...
 
Senate Bill 608 (Wright), a bill creating a new interest in real property – the "durable interest," has become a two year bill. It would establish an entirely new body of law governing transfers of ...
 
Data Trace Union Bank
INDUSTRY NEWS
According to ALTA's preliminary 2012 Year-end and Fourth-Quarter Market Share Analysis, the title insurance industry generated $11.4 billion in title insurance premiums in 2012, up nearly 21 percent from 2011. California generated the most title insurance premiums of any state during 2012, at $1.7 billion, up 25 percent compared to 2011.  END
 
Insurance Commissioner Dave Jones announced that the California Department of Insurance reached a settlement agreement with Timios, Inc., a Delaware corporation allegedly doing title and escrow business in California without a license. Under the enforcement action ...
 
There are now reportedly 6 California municipalities that have entered into an Advisory Services Agreement to consider eminent domain for mortgages. The jurisdictions include ...
 
The State Board of Equalization is proposing amended regulations addressing changes in joint tenancy interests. The proposed amendments make the existing property tax rule consistent with current law, which provides ...
 
Naylor, LLC
COURT CASES
Biancalana v. T.D. Service Company (S198562) A trustee under a deed of trust may declare a trustee's sale to be void where the trustee made an error in communicating the lender's credit bid to ...
 
Bock v. California Capital Loans (C069863)
Even when the lender on a loan arranged by a licensed real estate broker is a corporation that is wholly owned by the broker, the broker can still be found ...
 
Multani v. Witkin & Neal (B237295)
1. A non-judicial foreclosure of a homeowner's association lien can be set aside where the HOA fails to provide notice of the homeowner's 90-day ...
 
Chanda v. Federal Home Loans Corporation (D059976)
Under the Collateral Source Rule, payments under an insurance policy are not deducted from the damages a plaintiff can otherwise collect from ...
 
Hamilton Court, LLC v. East Olympic, L.P.  (B240052) The doctrine of merger does not apply to eliminate an easement where a servient and dominant tenement come under common ownership, and ...
 
 

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