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Wendel, Rosen, Black & Dean LLP
CLTA eNews - January 2018 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
CLTA is pleased to offer: New Laws / New Cases 2017, a 1.5-hour live webinar delivered to your desktop on Wednesday, January 17, 2018 from 10:00am - 11:30am.  Register by 4pm today so you can join us tomorrow! ... 
 
The California Land Title Association’s 111th Annual Convention will be held April 22-24, 2018 at the Ojai Valley Inn & Spa in Ojai, California, and we are excited to invite your organization to become a valued sponsor of California's premiere title industry event. ...
 
Bulletin 2017/18-54 | December 21, 2017.  The California Land Title Association is releasing its annual Summary of Legislation in a high-resolution electronic format...
 
The 2018 CLTA Annual Directory is now in the hands of our valued members! This important industry publication reaches all regular title company members and Affiliate members including attorneys, lenders, builders, surveyors, trustees, escrow agents, consultants, data firms and more! ...
 
Data Trace Union Bank
SACRAMENTO REPORT
Assembly Bill 1765 (Quirk-Silva), the first of what may be several bills to waive a $75 recording fee resulting from SB 2 (Atkins), also known as the Building Homes and Jobs Act, has been introduced. ...
 
The nonprobate transfer enacted in recent years, the revocable transfer upon death deed (TODD), has created some confusion with regard to its implementation since going into effect.  ...
 
Several provisions of the Homeowners Bill of Rights, a law enacted in response to the foreclosure crisis that resulted from the housing collapse, expired on January 1, 2018. ...
 
Senate Bill 831 (Wieckowski) would require, rather than authorize, local agencies to adopt ordinances for junior accessory dwelling units in single family residential zones. ...
 
The CLTA in January joined a coalition of trade industry and consumer groups, including the California Association of Realtors, California Bankers Association, and others ...
 
On December 15th a group filed a request with the California Attorney General for a title and summary of an initiative that would remove Proposition 13 restrictions on reassessments. ...
 
Petru Corporation RynohLive
INDUSTRY NEWS
The Mortgage Bankers Association (MBA) and the American Land Title Association (ALTA) have collaborated on a model remote online notarization act for states to consider. The model act has its foundation ...
 
The tax bill recently signed into law by President Trump has several incentives for low-income housing. First, the bill keeps intact...
 
The ALTA Third Quarter Market Share Analysis shows that nationwide title premiums in the third quarter of 2017 were $3.9 billion. This is approximately the same ...
 
First American Financial Corporation announced that it expects a first quarter closing of its agreement to acquire Bank of America’s lien release business. ...
 
SoftPro
COURT CASES
Yeh v. Tai (B280003).  Plaintiff claims to have purchased a condominium with her deceased husband, and transferred it to him so that they could obtain a more favorable loan. She claims that he promised ...
 
McBride v. Smith (A147931) 1/4/18.   The court overruled the trial court's sustaining of a demurrer, concluding that plaintiff asserted two core allegations which, if proven, were sufficient to raise a triable issue of fact as to ...
 
 

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