CLTA eNews - August 2015 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile
CLTA NEWS
CLTA, together with CMBA, is pleased to offer: TILA/RESPA Integrated Disclosures, Part 2: Implementation, a 1.5-hour live webinar delivered to your desktop on Wednesday, September 2, 2015 from 1:30pm - 3:00pm. Participants requesting MCLE or PD will receive 1.5 CE credit for participating in the webinar. ...
 
The CLTA recently requested publication of the opinion in the case of First American Title Insurance Company v. Spanish Inn, Inc. The Court of Appeal determined that an owner/developer who provided a mechanic’s lien indemnity could not ...
 
The July 2015 update to the CLTA CD ROM has been distributed to all paid subscribers. If you are interested in purchasing the CLTA CD, which includes the Manual and/or Policies and Endorsements, please see the order form for ordering information.   end
 
SACRAMENTO REPORT
News Express:  Bulletin 15/16-15 - August 12, 2015
Senate Bill 602 (Monning), which would allow homeowners to apply for financing from the California Earthquake Authority for the purpose of installing seismic stabilization improvements on their property, has become ...
 
California’s Uniform Fraudulent Transfer Act is being replaced, effective January 1, 2016, by the recently enacted Uniform Voidable Transaction Act (UVTA). (Chapter 44, Senate Bill 161). The new law now uses the term "voidable" rather than referring to "fraud." The burden of proof is ...
 
Governor Brown signed legislation rewriting the law that prohibits recording liens, encumbrances or lawsuits in order to harass public officials. Assembly Bill 1267 (Chapter 208) expands the current prohibition beyond public officials, to protect any person or entity against false liens, encumbrances ...
 
Assembly bill 807 (Stone), which would require all private transfer fees (PTFs) on real property to be recorded in a single separate document, has moved to the Senate Floor. The bill is sponsored by the California Association of Realtors and is meant to clarify ...
 
Assembly Bill 679 (Allen) would require a county clerk recorder, upon recording a document, to state the number of pages to be recorded, in addition to the year, month, day, hour, and minute the document was received. Some county recorders ...
 
Data Trace Union Bank
INDUSTRY NEWS
News Express:  Bulletin 15/16-17 - July 22, 2015
The Consumer Financial Protection Bureau (CFPB) issued a final rule yesterday, July 21st, delaying the effective date for the TILA-RESPA Integrated Disclosures (TRID) rule until Oct. 3, 2015. The CFPB first proposed the delay ...
 
Insurance Commissioner Dave Jones announced the appointment of John Finston as General Counsel for the California Department of Insurance (CDI). Finston, who has served as Deputy Commissioner for Corporate and Regulatory Affairs for three years, will replace ...
 
COURT CASES
In re Marriage of Davis (S215050)
 Family Code Section 760 provides that all property acquired by the spouses during the marriage is community property except as otherwise provided by statute. One such statute is Family Code Section 771(a), which provides that the earnings and ...
 
Coppinger v. Rawlins (E060664)
A County's acceptance of a dedication of a road on a Parcel Map is valid even where it is qualified by a statement that the road shall not become part of the county-maintained road system until accepted by resolution of the Board of Supervisors. The fact that ...
 
First American Title Insurance Company v. Spanish Inn (D067137)
The court upheld the trial court's grant of summary adjudication in favor of First American, which sought recovery under a mechanics lien indemnity executed by defendants. Defendants asserted ...
 
 

Advertise

We would appreciate your comments or suggestions.
Your email will be kept private and confidential.