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Wendel, Rosen, Black & Dean LLP
CLTA eNews - January 2019 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
The California Land Title Association’s 112th Annual Convention will be held April 7-9, 2019 at the Meritage Resort & Spa in Napa, California, and we are excited to invite your organization to become a valued sponsor of California's premiere title industry event. ...
 
Bulletin 2018/19-42 | December 28, 2018. The California Land Title Association released its annual Summary of Legislation in a high-resolution electronic format...
 
The 2019 CLTA Annual Membership Directory is now in the hands of our valued members! This important industry publication reaches all regular title company members and Affiliate members including ...
 
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Data Trace Union Bank
SACRAMENTO REPORT
One of the new California laws taking effect on January 1, 2019 is Senate Bill 1343 (Ch. 956). This new law requires California employers with five or more employees to provide sexual harassment training to all employees. The deadline ...
 
The Attorney General’s office held its first public forum on the California Consumer Privacy Act in San Francisco Jan. 8th., with approximately 150 people in attendance, including representatives from CLTA ...
 
Petru Corporation
INDUSTRY NEWS
According to ALTA, Limited Liability Company ("LLC") fraud has evolved over the past year and criminals are now hijacking legitimate LLC real property owners by filing fraudulent annual statements ...
 
Ohio joins Indiana, Michigan, Minnesota, Montana, Nevada, Tennessee, Texas, Vermont and Virginia with laws explicitly allowing remote notarization. ...
 
According to the ALTA, the continued government shutdown is disrupting closings and causing problems for title companies trying to obtain lien payoff information from the Internal Revenue Service (IRS). ...
 
On Thursday Freddie Mac released the results of its Primary Mortgage Market Survey showing rates dropping significantly across the board. Sam Khater, Freddie Mac’s chief economist, said ...
 
Due to the government shutdown the Small Business Administration (SBA) posted the following on Facebook – "Due to the lapse of government funding, SBA will remain inactive until further notice. ...
 
The U.S. Supreme Court is considering whether trustees conducting nonjudicial foreclosures are subject to the Fair Debt Collection Practices Act (FDCPA). Lower courts are split with the federal Ninth Circuit Court of Appeals ...
 
According to a recent study by Spectrum Location Services, "a firm specializing in advising businesses about the relative advantages or disadvantages of doing business in various locations," business flight out of California ...
 
The Federal Emergency Management Agency (FEMA) announced a resumption of the sale of new flood insurance policies and the renewal of expiring policies. The announcement rescinds ...
 
According to data from Zillow, a third of U.S. housing value can be attributed to California, which has risen by $3.7 trillion since the housing market collapse in 2012. Overall ...
 
The Wall Street Journal reported that a $110 Malibu home was the most expensive home sold in the United States in 2018. Six homes sold for more than ...
 
Pending home sales nationwide slipped in November, according to the National Association of Realtors. Year-over-year, the West saw the largest decline of 12.2%. The NAR Pending Home Sales Index is ...
 
The title insurance industry generated $3.98 billion in title insurance premiums during the third quarter of 2018 compared to $3.88 billion during the same period a year ago, according to ALTA’s latest Market ...
 
COURT CASES
Eith v. Ketelhut (B272028).  The CC&R's affecting defendants' residential property prohibited "any business or commercial activity." The court held that the homeowners association board acted within its discretion in allowing ...
 
Prout v. Department of Transportation (C076812).  The rule is that the government cannot, as a condition for issuance of a development permit, impose a requirement that the landowner dedicate land for public use, unless there is an ...
 
Mikkelsen v. Hansen (F072990).  The court, following Scher v. Burke, 3 Cal.5th 136, held that plaintiffs could not establish an implied dedication of a road on non-coastal property because Civil Code Section 1009(b) bars all use of private ...
 
Dr. Leevil, LLC v. Westlake Health Care Center (S241324). Under C.C.P. Section 1161a(b), after a trustee's sale, perfection of title, which includes recording the trustee's deed, is necessary before the new owner serves ...
 
Smyth v. Berman (B286609).  The court held that a right of first refusal contained in a written lease expires when the leasehold ends and the tenant becomes a "holdover" tenant, and when the lease ...
 
 

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