California Land Title Association eNewsCalifornia Land Title Association.CLTA NEWS
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 ...
Visit https://www.clta.org/news/673116/CLTAs-Executive-Vice-President-Announces-Retirement.htm to view the full article online. SACRAMENTO REPORT
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 ... Visit https://www.clta.org/news/673221/CLTA-Sponsored-RON-Clean-up-Legislation-Passes-State-Assembly.htm to view the full article online. Assembly Bill 1785 (Pacheco) would modify existing law, which prohibits a state or local agency from publicly posting online certain personal information of ...
Visit https://www.clta.org/news/673102/Bill-Prohibiting-Connecting-Parcel-Numbers-with-Home-Addresses-Passes-the-Assembly.htm to view the full article online. Assembly Bill 2424 (Schiavo) establishes new foreclosure notification and sale requirements and is pending in the full Assembly after passing out of committee. Specifically ...
Visit https://www.clta.org/news/673104/Proposed-Foreclosure-Changes-Advance-in-Legislature.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673101/Legislation-to-Allow-Builders-to-Use-Buyers-Deposits-for-Construction-Fails-to-Advance.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673031/Major-Expansion-of-Number-of-ADUs-on-a-Multifamily-Lot-Proposed.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673103/Repeal-of-California-Rent-Control-Limitations-on-November-Ballot.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673105/Blockchain-for-Recorded-Documents.htm to view the full article online. INDUSTRY NEWS
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 ...
Visit https://www.clta.org/news/673106/CLTA-Submits-Comments-to-FinCEN-on-Proposed-Real-Estate-Anti-Money-Laundering-Reporting-Rule.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673108/Workplace-Violence-Prevention-Program-WVPP-Effective-July-1.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673111/Factory-Built-ADU-Product-Approved-by-California-.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673107/Consumer-Financial-Protection-Bureau-Looking-at-Payments-for-Lender-Title-Policies.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673110/Title-Premiums-Drop-31-In-2023---California-Remains-in-Top-5-States.htm to view the full article online. 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 ...
Visit https://www.clta.org/news/673112/California-Legislative-Analyst-Releases-California-Housing-Affordability-Tracker.htm to view the full article online. Fidelity Reports Q1 2024 Results; First American Reports 2024 Q1 Results; Old Republic Reports First-Quarter 2024 Results; Stewart Reports Q1 2024 Results
Visit https://www.clta.org/news/673109/Title-Insurers-First-Quarter-Reports.htm to view the full article online. CoreLogic® has released its monthly residential Southern California home sales numbers for March 2024. This includes data for ...
Visit https://www.clta.org/news/673113/CoreLogic-Reports-on-Southern-California-Home-Prices-for-March.htm to view the full article online. |