CLTA eNews - May 2015 In This Issue
CLTA NEWS
SACRAMENTO REPORT
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 108th Annual Convention...
 
SACRAMENTO REPORT
CLTA News Express:  Bulletin 14/15-77 | April 28, 2015
The CLTA-sponsored bill AB 704 (Cooley) passed unanimously out of the Assembly Insurance Committee on an 12-0 vote this morning. AB 704 would create a definition of "escrow" within the California Insurance Code that expressly allows ...
 
Assembly Bill 679 (Allen) would require documents presented to a county recorder for recordation to state the number of pages to be recorded, either on a cover page or a sticker on the first page. CLTA is opposed to the legislation as drafted, citing vagaries within the legislation that could lead to ...
 
Assembly Bill 1335, introduced earlier this year by Assembly Speaker Toni Atkins, is scheduled to be heard this week in the Assembly Appropriations Committee. AB 1335 would increase funding for affordable housing by adding a $75 fee to recorded documents, including  ...
 
CLTA has come out in support of Senate Bill 377, authored by Senator Beall, which would allow the sale of low-income housing tax credits (LIHTCs). CLTA believes that such legislation would increase the efficiency of California’s current ...
 
Assembly Bill 661 (Mathis) would clarify when an additional fee of up to $10 can be charged, in counties that have opted-in, for real estate fraud prosecution purposes by a district attorney. Under existing law, vague language ...
 
CLTA has joined a coalition of organizations, including the Civil Justice Association of California (CJAC) and the California Chamber of Commerce, in support of Assembly Bill 846 (Gallagher). Assembly Bill 846 would grant courts the discretion to dismiss ...
 
As of May 1st, 270 bills in the California legislature have been marked as "2-year" bills, meaning they can’t be heard again until next year, for failing to meet the legislative deadline requiring fiscal bills to have passed out of their policy committees.
 
Governor Jerry Brown has mandated that by June, water use be cut by an average of 25% from 2013 levels. The State Water Resources Control Board is considering the water-conservation plan for action in May. ...
 
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COURT CASES
Ram's Gate Winery v. Roche  (A139189)
After purchasing real property from defendants, plaintiff brought this action alleging that defendants breached the purchase agreement by failing to disclose the existence of geotechnical reports discussing potentially hazardous seismic conditions on the property. The court held ...
 
Rideau v. Stewart Title of California (D065751)
An indemnity provision in escrow instructions requiring a party to the escrow to indemnify the escrow holder for all costs, including attorney's fees, incurred in defending against third party claims does not invoke the reciprocal attorney's fee provisions of Civil Code Section 1717. Instead ...
 
Peterson v. Wells Fargo Bank (B250925)
The court held that 1) a life estate can be created without using the term "life estate" where decedent was given the right to live in the property rent-free during her life, with the property passing to other people upon her death, and ...
 
Granadino v. Wells Fargo Bank (B256511)
In an action by homeowners against a bank for promissory estoppel following the collapse of negotiations to modify the loan and foreclosure of their home, a grant of summary judgment to the bank was affirmed. The court held ...
 
Salazar v. Thomas (F067831)
In the published part of the opinion, the court held that notices of default under a void deed of trust provided notice of a cloud on the plaintiffs' title, but did not dispute or disturb the plaintiffs' possession of the property. Consequently ...
 
Miles v. Deutsche Bank (G050294)
The trial court granted summary judgment for the lender in a wrongful foreclosure action on the sole basis that plaintiff could not prove damages because he did not have any equity in the home when it was sold at a non-judicial foreclosure sale. The appellate court reversed ...
 
 

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