CLTA eNews - March 2014 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile Garrett & Tully, A Professional Corporation
CLTA NEWS
News Express:  Bulletin 13/14-72 (March 13, 2014)
The California Land Title Association’s 107th Annual Convention is just around the corner and registration materials have been sent to all members. Don’t delay in registering, as space is limited at the beautiful Hotel Del Coronado ...
 
CLTA, together with CEA, is pleased to offer: Working Together on Vesting & Divesting-Part 2, a 1.5-hour live webinar delivered to your desktop on Wednesday, April 9, 2014 from 10:00am - 11:30pm. Participants requesting MCLE or PD will receive 1.5 CE credit for participating in the webinar.
 
CLTA Affiliate Membership is open to individuals from all industries affiliated with title insurance. Financial institution executives, mortgage bankers, real estate professionals, contractors, vendors, attorneys practicing real property law, and escrow professionals have all joined together ...
 
CLTA recently filed endorsements and amended policies effective January 19, 2014. The filing addresses exclusions for contamination, explosion, fire, flooding, vibration, fracturing, earthquake or subsidence, and negligence by ...
 
CLTA’s Title Consumer brochure, Common Ways of Holding Title, has been updated to reflect changes in statutory law and bring it up to date with California law concerning same sex marriages and the vesting of title. ...
 
SACRAMENTO REPORT
Major legislation awaits action after more than 2000 bills were introduced in 2014. Below is a sample of bills identified by the CLTA as significant to the title industry. ...
 
The California Law Revision Commission is commencing a study regarding publication of legal notice in a county with a unified superior court. A staff memorandum introducing the study ...
 
Data Trace Union Bank
INDUSTRY NEWS
The California Court of Appeal and the California Supreme Court have refused a request to publish the case of Swartz v. Coldwell Banker.  Since the case remains unpublished it cannot be used as authority or cited to ...
 
In Ash v. North American Title Company (2014) __ Cal.App.4th __, escrow holder North American appealed from a judgment in favor of plaintiff David Ash. Ash (the buyer) contracted to purchase certain property from defendant ...
 
Wells Fargo announced its support of the American Land Title Association's (ALTA) Best Practices in its Settlement Agent Communications issued March 6, 2014.  The lender said the Best Practice guidelines for sound business practices should ideally already be in place ...
 
An electronic copy of the California Franchise Tax Board’s report entitled Summary of Federal Income Tax Changes – 2013 is accessible on the Franchise Tax Board web site here. This report is prepared by staff and is ...
 
Miller Starr Regalia Lani Andersen, Mann, Hilbert & Parker LLP
COURT CASES
Ash v. North American Title Company (B237404)
A plaintiff-buyer obtained a judgment in an action where plaintiff alleged that defendants seller and escrow company were at fault for an escrow not closing on the agreed day. The judgment included damages for the loss of ... 
 
Schmidt v. Bank of America (D062532)
The court held that a reservation of an easement for "the right of ingress and egress for public road purposes over, along and across the Easterly 40 feet" created only a private easement and did not create a ...
 
 

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