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December 2019
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In This Issue |
CLTA NEWS
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SACRAMENTO REPORT
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INDUSTRY NEWS
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COURT CASES
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The California Land Title Association’s 112th Annual Convention will be held April 26-28, 2020 at the Park Hyatt Aviara Resort & Spa in Carlsbad, California, and we are excited to invite your organization to become a valued sponsor of California's premiere title industry event. ...
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Register for CLTA's upcoming live webinar today. New Laws/New Cases 2019, a 75-minute live webinar delivered right to your desktop. The webinar is scheduled for Tuesday, January 7, 2020 from 10:00am - 11:15am. Participants requesting MCLE or PD will receive 1.25 CE credit for participating in the webinar. ...
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The CLTA Forms and Practices Committee has recommended a new solar endorsement to satisfy the lender that the solar lease shown as an exception will not result in the invalidity or unenforceability of ...
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The CLTA has been at the forefront of supporting legislation to improve consumer safeguards within PACE (Property Assessed Clean Energy) financing. Now, the California Department of Business Oversight (DBO) has proposed regulations to provide ...
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Assembly Bill 872 (Aguiar-Curry) creates a property tax change in ownership exclusion in the case of a parent to child transfer of stock in a qualified corporation following the ...
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CLTA News Express 19/20-34 – December 6, 2019 When the California Foreign Investment in Real Property Act (CalFIRPTA) was first created, escrow professionals with title companies were only required to report to the Franchise Tax Board (FTB) on transactions where ...
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Currently, a county recorder can charge a fee for recording a release of lien, encumbrance, or notice executed by the state, local agency, or other political subdivision if the original ...
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A coalition of businesses led by the California Chamber of Commerce filed a lawsuit to stop a new California law that precludes employers from enforcing arbitration agreements made ...
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A number of pending ballot initiatives and referendums targeted for the 2020 election are beginning to draw attention. For instance, a measure dubbed the ...
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Insurance Commissioner Lara issued a mandatory one-year moratorium on insurance companies non-renewing policyholders--impacting at least 800,000 homes in wildfire ...
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The Consumer Financial Protection Bureau (Bureau) is requesting public comment on an assessment it will conduct on the Truth in Lending Act and Real Estate Settlement Procedures Act’s Integrated Disclosure Rule. ...
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On November 25th the Federal Housing Finance Agency announced new 2020 maximum conforming loan limits for Fannie Mae and Freddie Mac. In most areas of the country the maximum will be ...
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Zillow Offers, part of a new real estate sales approach often referred to as iBuyer programs, has announced its expansion into Los Angeles and Orange counties. Prior to this Southern California expansion ...
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Leiper v. Gallegos (B292905). The court held that a tax sale of real property does not include oil and gas rights in a previously recorded oil and gas lease. Under Revenue and Taxation Code Section 3712(d) a recorded oil and gas lease is ...
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City of Santa Maria v. Adam (H042712). This is the third appeal concerning the rights to groundwater contained in the Santa Maria Valley Groundwater Basin. The last appeal was in ...
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