Title Matters – Private Works Act

PRIVATE WORKS ACT This month’s article is presented by: Randy Olson, Attorney at Law 1819 W. Pinhook Road, Suite 114 Lafayette, LA 70508   The Private Works Act (the “Act”) is an important piece of legislation for title attorneys to know and understand. Codified in Louisiana Revised Statute § 9:4801, et seq., the Act provides contractors, subcontractors, and material providers of “private works” the…

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Title Matters – President’s Message: The Future of the CFPB and the Reintroduction of Title Insurance-Related Legislation

It did not take long for NAILTA to hit the ground running in 2017! Members of NAILTA were in Washington D.C., this week to meet with policymakers at the Consumer Financial Protection Bureau (CFPB) and to discuss the impact of HR 517, the Ensure Fair Prices in Title Insurance Act, that was reintroduced on January 13, 2017 by Representative…

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Title Matters – Rep. Ellison Introduces the Ensure Fair Prices in Title Insurance Act

Press Release   Last week Rep. Keith Ellison (D-MN) reintroduced the Ensure Fair Prices in Title Insurance Act (H.R. 517), which would ensure homebuyers are not overcharged when purchasing title insurance. “Working Americans shouldn’t get cheated out of hard-earned dollars when they invest in a home for their family.” Rep. Ellison said. “When sellers or real estate agents refer…

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Title Matters – Vol. November 2016

This month’s article is presented by: Mitch Landry, Attorney at Law LAILTA INCOMING PRESIDENT’S MESSAGE At this time of year, I typically comment that I cannot believe we are at the end of yet another year.  I doubt that I am alone in that.  But, here we are, closing out 2016!  To quote the great Mickey Mantle, “If I…

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Title Matters – Vol. September 2016

This month’s article is presented by: Randy Olson, Attorney at Law 1819 W. Pinhook Road, Suite 114 Lafayette, LA 70508′ PRIVATE WORKS ACT The Private Works Act (the “Act”) is an important piece of legislation for title attorneys to know and understand.  Codified in Louisiana Revised Statute § 9:4801, et seq., the Act provides contractors, subcontractors, and material providers…

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Title Matters – June 2016

This Month’s article is presented by: Chad Reynolds, Attorney at Law Shouldn’t Every Seller purchase an Owner’s Title Policy for their Buyer? As title examiners we have all probably run across title defects similar to the following situation: During their marriage, Bob and Sue Jones acquire several tracts of immovable property.  Their four children, Angie, Billy, Celeste, and David,…

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Title Matters – Vol. May 2016

This month’s article is presented by: Woody Falgout, Attorney at Law 1050 Canal Blvd, Thibodaux LA It’s a familiar act of deception.   Probably, all of us have had a residential loan closing effectively stolen from us by a title company owned by a bank, a tract builder or another institutional real estate player.  Later, we learn from our clients,…

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Title Matters – Vol. March 2016

As a new service for LAILTA members and subscribers, you can expect an email each month with a short discussion on  matters of interest to the real estate attorney and title agent.  This will be a monthly service, except for the months in which seminars are scheduled.  LAILTA will email you recent cases of interest, notes on legislation and…

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Title Matters – Vol. February 2016

You may remember receiving a Fraud Alert from LAILTA by email October 21, 2015 regarding an experience by an agent member in Baton Rouge. Well that member was me, Pat Miller (Preferred Title Company). I reported the incident to my underwriters, and one, Stewart, asked me to write a Short narrative of the activity surrounding the attempted fraud. By…

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Title Matters – State of the Association

As a part of LAILTA Membership, TITLE MATTERS is a monthly newsletter containing articles of interest to the Independent Land Title Agent in Louisiana. This month’s installment is a letter from President Ben Luke, and information for the upcoming Spring Seminar. January 15, 2016 LAILTA is in its 6th year of existence, and membership continues to be steady.  Last…

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