Governor Newsom signed into law Assembly Bill 851 (McKinnor), prohibiting persons from making an unsolicited offer to purchase residential real property in certain ZIP Codes in Los Angeles and Ventura counties that were affected by wildfires earlier this year.

​The CLTA is pleased to announce the release of a new Titlecast episode, now available on CLTA’s Members-Only Titlecast education portal.  If you have not yet set up your password, please refer to the information provided at the end of this message.

In a recent press release, the Financial Crimes Enforcement Network (FinCEN) announced that it is postponing the reporting requirements of its Anti-Money Laundering Regulations for the Residential Real Estate Transfers Rule (RRE Rule) by three months to March 1, 2026. 

Governor Newsom has signed AB 238 (Harabedian), entitled the Mortgage Forbearance Act, into law. The legislation went into effect immediately upon signing as an urgency measure.​

​CLTA is pleased to release its newest CLTA Titlecast, Episode 41 – What is a Claim?, brought to you by the CLTA Claims Awareness Committee.   This 20-minute presentation includes a review of applicatory regulatory timelines and emphasizes the importance for title professionals to recognize a potential claim and act promptly.  

Check it out on CLTA's new Education Portal!  

The CLTA is happy to announce the release of a new CLTA Titlecast episode on CLTA’s brand new Members-Only Titlecast education portal.  If you haven’t already, be sure to follow the directions below to set your new password in order to access CLTA’s educational Titlecast series, free to CLTA members.

Though the Rule doesn’t take effect until December 1, CLTA members are strongly encouraged to begin preparations now. In this 7-minute Titlecast, FinCEN Part 5 – Exempt Transactions we explore what may qualify as an exempt transaction and discuss ways to determine whether a specific transaction falls into that category.

​Governor Gavin Newsom has signed Assembly Bill 130 into law, a sweeping measure that enacts a number of significant policies relating to housing, as part of a negotiation with lawmakers over the state’s budget. 

​The Financial Crimes Enforcement Network (FinCEN) today announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate.  No changes have been made to jurisdictional coverage since the last issuance of these GTOs.