Issue No. 227, June 9, 2021

Look For NEW Events Posted Since The Last Issue!
President Recognizes Pursuit of the American Dream
President Joe Biden has deemed the month of June “National Homeownership Month,” shining a spotlight on supporting the American Dream of homeownership, and recognizing the organizations that help individuals and families to achieve their housing goals.

Arkansas Enacts Emergency Legislation to Allow Remote Notarization
Governor Asa Hutchinson signed into law SB340 to permit the remote notarization of documents due to the COVID-19 pandemic. This legislation is effective retroactive to March 30, 2020.

Investors Fret as Biden Takes Aim at a 100-Year-Old Tax Loophole
The administration wants to rein in a tax deferral on gains from the sale of real estate. Opponents worry that the move would stifle investment.

What Every Delaware Entity Needs to Know About Unclaimed Property Legislation
Delaware has proposed many changes to its controversial unclaimed property regime, including contingency fee auditing practices

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When the Client’s Rights Depend on a Clerk’s Office, Trust But Verify
Though practitioners may understandably believe that they can rely on receipts from the clerk’s office or a filing service as proof that the client’s lien was perfected, this may not be sufficient if the clerk’s office makes an error.

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Pawcatuck man sues for possession of half of his neighbor’s $1.3 million property
Stonington — A Pawcatuck man has filed a lawsuit claiming he owns half of his new neighbor's $1.3 million waterfront property, because for years he used and cared for a portion of the wooded 10-acre property and the previous owners never stopped him.

Washington Appellate Court Finds Release of Lis Pendens Not Effective Until Recorded
Furthermore, it held that where there is a recorded lis pendens on a property on the day it is sold, the purchaser of that property cannot claim to be a bona fide purchaser for value even where the release of that lis pendens was effectuated the day prior.

Texas Mechanic’s Lien Law Update: New Law Brings a Little Relief for Subcontractors and a Lot of Relief for Design Professionals
Under existing law, many subcontractors often fail to perfect their mechanic’s liens under the Texas Mechanic’s Lien Statute because of complex notice requirements which must be sent for every month in which labor or material are furnished.

CT Property Owners with Recorded Environmental Use Restrictions Subject to New Obligations
These requirements attach to the current owner of the real property regardless of who was responsible for the EUR or the remediation that the EUR is associated with.

Bidding Adieu to the Connecticut Transfer Act … and Welcoming a New Remedial Approach
The Transfer Act requires the sellers of certain real property or businesses to confirm that there have been no spills of hazardous waste or substances, or that such spills have been remediated under the supervision of the Connecticut Department of Energy and Environmental Protection (DEEP) or a licensed environmental professional.

In brief: mining rights and title in Indonesia
The Constitution stipulates that Indonesia’s natural resources are controlled by the state and must be used for the maximum benefit of the Indonesian people. Article 4, paragraph 2 of the Mining Law enables the central government to exercise control over mineral mining activities.

Australia: When I bought my brothers half of the farm, the water rights came with it, so he has to hand them over. Which case won?
Two brothers co-own rice farm
A husband and wife began farming in the 1950s.
Over several decades they purchased four farms and involved their children in a family farming partnership.
Two of their children, brothers G and M, co-owned one of the farms, growing irrigated rice.

Ohio AG wants Google declared a public utility
The state of Ohio sued Google today in an unusual complaint that seeks a legal declaration that Google is a common carrier and public utility under Ohio law.

Turmoil in West Grove
Community under siege by fraudsters – is redevelopment to blame?

Terrible Real Estate Photographs
Deleted scene from Clash of the Titans where the Minotaur emerges from the bathroom to ask if that was the last of the toilet paper.

Inside “The Royal Tenenbaums” mansion
The 6,000-square-foot home at 339 Convent Avenue is also now on the market.

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Magnolia Grandiflora

A century-old magnolia tree is the only living landmark tree in New York City. 

Marianne Mathieu, NTP
Vice President/National Agency Accounts
Fidelity National Financial
(347) 987-0677