Issue No. 218, April 7, 2021


EVENTS
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INDUSTRY
Gap Closings: A Commercial Real Estate Necessity, Especially Now
Despite their long tenure in commercial real estate transactions, the gap closing has been, and will likely continue to be, used with greater frequency.

Kentucky lawmakers move quickly to approve new exemptions to open records law
Moving quickly in the final hours of the legislative session Tuesday, Kentucky lawmakers approved a bill exempting a slew of personal information from the state’s open records law.

Virginia Amends Code Regarding Electronic and Remote Notarizations
The Virginia General Assembly recently passed emergency amendments to make certain changes regarding electronic and remote notarizations. These changes are effective immediately.y

Title Insurance Coverage Narrowed For Properties Sold Through Foreclosure
Jason Bergman discusses the state of title insurance for foreclosures given RPAPL 1302-a.

These neighborhoods still have racially restrictive covenants. Here’s how to fix them
The county Auditor’s Office is sending out the notices to encourage landowners to strike these covenants from their titles.

LEGAL
Putting the public on public lands
I would like to describe one piece of unfinished business remaining from my time as superintendent at Black Canyon of the Gunnison National Park and Curecanti National Recreation Area.

COA affirms judgment for insurer in property title dispute
Howard County landowners who were not informed of the existence of an easement when they purchased their property are entitled to $3,000 in compensation for the difference in the value of the property, but not the $61,000 a court ordered them to pay the easement holders in a related lawsuit.

Water Law 101: Part 2, other water rights
This is the second in a six-part series of articles covering basic water law in the United States, predominately in the western part of the country, and how it affects this finite resource. Water law has a long history. It can be traced back to Roman times and also has roots in English common law. Across the United States, it varies from state to state, and from East to West.

Unsettled Consequences of the McGirt Decision
A Supreme Court decision raises new questions about tribal jurisdiction in land disputes.
If interested, there is a podcast about a similar supreme court case https://crooked.com/podcast-series/this-land/

Mineral rights preserved by reference to specific, identifiable reservation
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 recently

WORLD
Fraudster gets away with transferring title for B.C. home using forged passport
Fraudsters impersonated owners of B.C. residential properties to steal the homes’ titles and one of the con artists got away with it, according to the agency in charge of keeping title transfers secure.

'What other country would do this to its people?' Cambodian land grab victims seek int'l justice
The International Federation for Human Rights (FIDH) in 2014 estimated that at least 770,000 people had been affected by land grabs that cover some 4 million hectares of land.

TECHNOLOGY
A New York special: NYDFS cybersecurity regulation (23 NYCRR 500)
23 NYCRR 500, also known as NYDFS Cybersecurity Regulation, is a law issued by the New York State Department of Financial Services (NYDFS) that mandates the enforcement of optimal data security standards to safeguard websites and apps.

You Can Run But You Cannot Hide: AI Tools That Do More Than Recognize Your Face
By now, we are used to the fact that facial recognition technology allows our phones to identify — to see our email, do our banking, order food and hail a ride service. But the pace is picking up. AI facial and voice recognition technologies can do more, faster. For those new lawyers and law student readers, take note: Privacy law is a growth field.

PEOPLE IN THE NEWS
New York State Land Title Association celebrates 100 years
The New York State Land Title Association (NYSLTA) held a “Feeding Our Neighbors” fundraiser, a statewide virtual food drive, to kick off its 100th anniversary year. NYSLTA members will donate to Feeding America Foodbanks on Long Island, New York City, Westchester and Rochester.

‘Real Recognizes Real’: CBC Mortgage Agency’s Tai Christensen
Christensen told MReport the strong principles instilled in her by her ancestors and parents fuels her ongoing determination to impart on her contemporaries and the industry at large the importance of diversity and how it is paramount to successfully carrying out CBCMA’s mission of helping minorities build intergenerational wealth through homeownership.

House-Flipping Fraud Sends Man to Prison
Christopher Grooms, 41, Savannah, Georgia pled guilty to an Information charging him with a scheme to enrich himself by repeatedly borrowing money against the same pieces of property will go to prison for fraud.

OTHER TRENDING NEWS
In 1930 the Indiana Bell Building was Rotated 90° While Everyone Inside Still Worked
In 1930, engineers accomplished something remarkable: they rotated an 8-story, 11,000 ton building a full 90 degrees, in order to allow the construction of a second building on the site.

Contributed by Bill Collins; Frontier Abstract

The Last Time the Suez Canal Was Blocked a Utopian Communist Micro-nation Was Formed at Sea
For six days, the giant container ship blocked the Suez Canal, captivating the world and preventing toys and other important goods from making it to their destinations in a timely fashion. We laughed, we memed, but we did not remember our history.

Police say they found mafia fugitive on YouTube, posting cooking tutorials
Fugitive hid face on cooking videos but was IDed by his tattoos, reports say.

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