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April 2025
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In This Issue |
CLTA NEWS
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CAPITOL REPORT
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INDUSTRY NEWS
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CALENDAR OF EVENTS
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COURT CASES
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Come join us from June 1-3, 2025, at the stunning Everline Resort Lake Tahoe in Olympic Valley, CA, for the California Land Title Association’s premiere annual event. CLTA Convention presents the perfect opportunity to reconnect with industry peers, gain valuable insights into key legislative and regulatory matters at both the state and federal levels, and join other attendees at California’s only annual title industry event in discussing the challenges and opportunities of 2025 and beyond.
Don’t miss your chance—registration is now open!!
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The CLTA, in its capacity as an advisory organization pursuant to Section 12402 – 12402.2 of the Insurance Code, made a filing on behalf of its member companies. The filing updates several existing Guarantees and also adopts a new ...
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The California Department of Insurance is sponsoring Senate Bill 354 (Limon), the Insurance Consumer Privacy Protection Act of 2025 (ICPPA). The legislation, which would cover title insurance ...
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The February edition of the CLTA Capitol Report highlighted the introduction of Senate Bill 255 (Seyarto), which would require each county to establish a recorder notification program to ...
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Assembly Bill 1406 (Ward) would authorize a purchaser’s deposit that is held in escrow pursuant to a binding sales contract for a lot or parcel within a subdivision that is not yet constructed or ...
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Assembly Bill AB 851 (McKinnor) was amended to delete a six months right to cancel a sale in the wildfire areas of Los Angeles. Instead, the bill now prohibits a buyer from making an unsolicited ...
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Senate Bill 658 (Pérez), prior to recent amendments, would have provided specified governmental or nonprofit organizations a right to match the price and terms of an offer to purchase fire-damaged ...
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Amendments to Assembly Bill 1213 (Stefani) eliminated the language that would have given restitution orders priority over any other debts, liens, or judgments. Instead, the amendments now provide ...
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A foreclosure moratorium and forbearance bill to protect wildfire victims, Assembly Bill 238 (Harabedian), has been amended in response to concerns expressed by a number of industry ...
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Senate Bill 237 (Grayson) would add disclosure requirements for ...; Senate Bill 410 (Grayson) would add to the list of documents that a separate interest owner in a common interest development is ...; As previously reported by CLTA, Assembly Bill 455 (Ortega), which would make it the sole responsibility ...
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The Financial Crimes Enforcement Network (FinCEN) today announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind ...
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The Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that removes the requirement for U.S. companies and persons to report beneficial ownership information to the ...
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Redfin reported that the typical homeowner stays in their house for 11.8 years, but homeowners in California—where Proposition 13 can lock owners into low property tax rates—are staying put much ...
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Last Thursday Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.62%. The survey is focused on ...
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Sponsorship Opportunities are also Still Available! Come join us from June 1-3, 2025, at the stunning Everline Resort Lake Tahoe in Olympic Valley, CA, for the California Land Title Association’s premiere annual event. ...
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Amundson v. Catello (D082158). The court held that siblings, involved in probate proceedings regarding the property, lacked standing to bring a partition action because the probate court had not yet determined the ownership of the property. The court ...
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