Legislative Developments

A bill that would establish predictable recording fees in Louisiana will go into effect on Aug. 1. Read on for more details.

Hawaii Gov. David Ige signed legislation that requires mortgagees and their assignees to provide to a mortgagor, upon satisfaction of the mortgage and discharge of the debt, a reassignment or release of the security interest in leases and rents that served as an additional security for the mortgage. Read on for more details.

A recently passed California law addresses mechanic’s liens placed on common interest developments in the state. Read on for more details.

The governor of Rhode Island has signed a bill that criminalizes residential mortgage fraud in the state. Read on for more details.

The Illinois General Assembly has passed a joint resolution to establish a Blockchain task force. The task force will be charged with studying how and if the state, county and municipal governments can benefit from a transaction to a Blockchain-based system for recordkeeping and service delivery. Read on for more details.

The North Carolina General Assembly ratified legislation that make various changes to the statute governing lien agents, providing for the cancellation and renewal of a notice to a lien agent. Read on to learn more.

The governor of Nevada has signed legislation that revises provisions of state law governing electronic notaries public. Read on for more details.

The North Carolina General Assembly has passed legislation that clarifies the process for correcting nonmaterial errors in recorded instruments of title. The bill creates curative procedures for obvious description errors in documents of title and creates a seven year curative provision for defects in recorded instruments of title. Read on for more details.

The Illinois General Assembly passed legislation that makes changes to the insured closing letter provision of the Title Insurance Act. The bill now awaits the governor’s signature.

A professional liability insurer seeks a declaratory judgment that it is not required to indemnify a title company insured due to a prior-knowledge exclusion in the policy. Read on for more details.