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| May 2024
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In This Issue |
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CLTA NEWS
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SACRAMENTO REPORT
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INDUSTRY NEWS
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COURT CASES
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At CLTA’s 117th Annual Convention in April, CLTA’s Executive Vice President and Counsel, Craig Page, announced his retirement effective July 1, 2024. Craig has been with CLTA for over 30 years and shared that he intends to ...
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Assembly Bill 2004 (Petrie-Norris), which would authorize the recording of certified copies of electronic documents in county records, passed out of the California State Assembly on Tuesday on a final vote of 73-0. The bill ...
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Assembly Bill 1785 (Pacheco) would modify existing law, which prohibits a state or local agency from publicly posting online certain personal information of ...
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Assembly Bill 2424 (Schiavo) establishes new foreclosure notification and sale requirements and is pending in the full Assembly after passing out of committee. Specifically ...
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Senate Bill 1462 (Glazer), which would have provided a process through which a developer of a subdivision may disburse a buyer’s deposit on a new development to pay for ...
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Under existing law, a local agency must ministerially approve not more than two Accessory Dwelling Units, two that are located on a lot that has an existing or ...
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The “Justice for Renters Act” has qualified for the November 2024 General Election Ballot. If approved by California voters, the ballot initiative would repeal the ...
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Assembly Bill 2980 (Low) authorizes, until January 1, 2030, the recorder to index any record or amended record on a publicly accessible distributed ledger using blockchain technology, as defined. The bill would require ...
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Laundering Reporting Rule. In its comments, CLTA questioned the wisdom of expanding FinCEN’s existing efforts under the Geographical Targeting Orders (GTOs) to a nationwide rule when ...
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The Workplace Violence Prevention Law takes effect on July 1, 2024 and generally applies to all California employers, with some limited exceptions. Cal/OSHA has published a model ...
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BOXABL’s ADU product, the Casita, has received approval for sale in the State of California as being compliant with California’s Factory Built Housing Law according to ...
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According to a report in Bloomberg, the Consumer Financial Protection Bureau is considering whether to bar lenders from charging homebuyers for lender’s title insurance. According to Bloomberg ...
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With the decline in real estate market transaction volumes, the total title premiums in 2023 took a 31% drop from 2022. Premiums declined from $21 billion to $15.1 billion ...
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According to data recently released by the California Legislative Analyst’s Office (LAO), the costs of buying a home in Calfiornia have grown by significantly more than median income since ...
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Fidelity Reports Q1 2024 Results; First American Reports 2024 Q1 Results; Old Republic Reports First-Quarter 2024 Results; Stewart Reports Q1 2024 Results
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CoreLogic® has released its monthly residential Southern California home sales numbers for March 2024. This includes data for ...
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Haggerty v. Thornton Cal. Supreme Court (S271483). Under Probate Code Sections 15401 and 15402, the procedures for revocation of a trust can be ...
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