Issue No. 216 | March 24, 2021


EVENTS
Look For NEW Events Posted Since The Last Issue!
INDUSTRY NEWS
RealPage was the victim of a phishing scheme that resulted in the diversion of its client funds from the bank account of a third-party payment processer, Stripe Inc.

Sen. Bob Menendez (D-N.J.) has reintroduced the Clarity Law Around Insurance of Marijuana (CLAIM) Act, which, if passed, would help legal marijuana and related businesses access comprehensive and affordable insurance coverages including workers’ comp, property, casualty and title insurance.

The state of Washington is set to revoke the license of Modus, a title and escrow service software company owned by Compass, effective April 1.

Virginia recently enacted House Bill (HB) 1882, which addresses a couple scenarios impacting, among other things, lien priorities for recorded documents. The changes made by HB 1882 become effective on July 1, 2021.

U.S. Senate Banking Committee Ranking Member Pat Toomey (R-PA) proposed a framework to end the conservatorship of the government-sponsored enterprises ("GSEs").

LEGAL NEWS
Title insurance is inexpensive for a reason. Unlike other insurance policies, it is not prospective in nature. It does not cover title defects or liens that come into being after the effective date of the policy.

As drilling activity and production in the Appalachian region stabilized (and even began to move upward) at the end of 2020, class actions continue to be used in creative ways by plaintiffs raising a variety of claims and forms of relief. 

The Florida Second District Court of Appeal (“Court”), in an Opinion published on February 26, 2021, addressed an issue involving the right of a riparian to build a structure over adjacent submerged lands under different ownership. See 5F, LLC v. Hawthorne, No. 2D19s-2574, 2021 WL 745361 (Fla. Dist. Ct. App. Feb. 26, 2021).,

A common misperception of trusts is that they are legal entities that, like corporations, can hold title to real estate and other property. 

A reference to a prior reservation of oil, gas, and coal rights in a land title need not identify the name of the mineral rights owner if the language in the reference is sufficiently specific to identify the owner in the chain of title, the Ohio Supreme Court ruled today.

New York and federal law both set forth rules respecting Native American tribes. For instance, Section 2 of the New York Indian Law defines the term “Indian nation or tribe” to mean one of the following New York State Indian nations or tribes: Cayuga Nation, Oneida Nation of New York, Onondaga Nation, Poospatuck or Unkechauge Nation, Saint Regis Mohawk Tribe, Seneca Nation of Indians, Shinnecock Indian Nation, Tonawanda Band of Seneca, and Tuscarora Nation.

The United States District Court, Western District of Washington recently held that a title insurer had no duty to defend against a third-party complaint alleging claims of trespass and relating to a private road which was excepted from its policy. 

WORLD NEWS
CAMPBELL RIVER -- The Nuchatlaht First Nation has received a trial date of March 15, 2022 from the B.C. Supreme Court, to proceed with its Aboriginal land title case.

TECHNOLOGY & SOCIAL NEWS
To celebrate St. Patrick’s Day 2021, St. Patrick’s Festival is proud to present Orchestra of Light, a beautiful film featuring a fleet of 500 drones dancing across Dublin’s night sky.

If you know someone's phone number, email address, or social media, you can start tossing messages at them. At will.

TITLE AGENCY & PEOPLE IN THE NEWS
For a young, relatively fit person, a 15 to 20 minute walking detour might seem like a minor inconvenience. For a senior with mobility issues, however, that detour might make the difference between them meeting their friends, or staying cooped up at home.

Law enforcement loves loves LOVES third parties. Anyone one step removed from someone they're investigating generally isn't covered by the Fourth Amendment, which means no one needs a warrant or probable cause to go fishing for "third party" data.

Title Agents Go Nationwide
For agents interested in growing their businesses by expanding into multiple states, we’re here to make the process simple and profitable. We offer you one point of contact to streamline your options and solutions...

OTHER TRENDING NEWS
One year ago, I sat at a local pub and had a plate of fish and chips for lunch. It was St. Patrick’s Day, and it was the last day before all the restaurants closed in my little corner of the world.

In 1977, 49-year-old German brewery worker Erwin Kreuz blew his life savings on his first flight — a once-in-a-lifetime birthday trip to San Francisco.

A home with its own observatory for staring at the stars is now available in Asheville, NC.

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