CLTA eNews - June 2015 In This Issue
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile
SACRAMENTO REPORT
Proposition 13 property tax limitations would be changed under a constitutional amendment proposed by Senators Loni Hancock and Holly Mitchell. On June 10th the Senators introduced Senate Constitutional Amendment (SCA) 5 ...
 
Bulletin 14/15-86 | June 4, 2015
Assembly Bill 1335 (Atkins), which would add a $75 fee to a number of recorded documents, remained unheard as the ...
 
Assembly Bill 679 (Allen), which 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, has passed ...
 
Assembly Bill 2 creates a new backdoor redevelopment law in California after Redevelopment Agencies were eliminated as part of the Governor’s 2011 Budget program. The bill has passed the Assembly and, if enacted ...
 
May 29th brought with it the legislative deadline for fiscal bills to have passed out of their Fiscal Committees. Those bills that did not pass out of their committees in time were marked 2-Year, meaning ...
 
Data Trace Union Bank
INDUSTRY NEWS
The Consumer Financial Protection Bureau released a fact sheet that clarifies the impact of the requirement, effective August 1, 2015, that a creditor must deliver the Closing Disclosure to a consumer three days before closing. It ...
 
The State Lands Commission has proposed regulations to implement legislation passed in 2012 that gave the Commission authority to hold administrative hearings to determine whether a person is ...
 
California was the leader in the hottest real estate market for buyers and sellers last month according to Jonathan Smoke, Chief Economist for realtor.com. San Francisco and San Jose were ranked second and third in the month of May ...
 
COURT CASES
Mira Overseas Consulting v. Muse Family Enterprises (B254298)
A fraudulent conveyance action, if successful, may result in the voiding of a transfer of title of specific real property. By definition, the voiding of ...
 
Shoen v. Zacarias (B254487)
A court may grant an equitable easement in favor of a trespasser, and instead force the landowner to accept damages as compensation for the judicial creation of an easement over the trespassed-upon property, provided ...
 
 

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