2023 Virginia General Assembly Legislative Wrap Up

During the 2023 session VLTA focused most of our efforts on the bills below: HB 2184 was patroned by Delegate Carrie Coyner and is the result of extensive negotiations between VLTA and the Creditor’s Bar throughout 2022. HB 2184 will allow settlement agents to release judgement liens under certain circumstances and with due diligence to … Continue reading 2023 Virginia General Assembly Legislative Wrap Up

ALTA Urges FinCEN to Give Title Entities Access to Beneficial Ownership Information System

February 16, 2023Reprinted with permission from the American Land Title Association. View the original article here. ALTA submitted a letter in support of the development of the Beneficial Ownership Information (BOI) system being created by the Financial Crimes Enforcement Network (FinCEN). BOI is a critical tool for combatting money laundering through real estate transactions. The Geographic Targeting Orders (GTOs) … Continue reading ALTA Urges FinCEN to Give Title Entities Access to Beneficial Ownership Information System

What’s New With ALTA

Have you seen what ALTA is working on? Checkout the below resources and links. Risky BusinessALTA Warns Alternative Title Insurance Products Pose Danger to Lenders, Consumers... ALTA - Financial Crimes Enforcement Network (FinCEN) ALTA - Use These Wire Fraud Education ResourcesALTA provides several resources to help title and settlement companies protect against wire fraud and … Continue reading What’s New With ALTA

LEGAL ACCESS TO PRIVATE CEMETERIES IN VIRGINIA

Even America’s most notorious dueling families have found themselves in a legal fight over cemetery access. In Kentucky, a McCoy descendant filed suit against a Hatfield descendant who had blocked access to a cemetery on his land where deceased McCoy relatives are buried. McCoy v. Vance, No. 2005-CA-000501-MR, 2006 WL 507599 (Ky. Ct. App. Mar. … Continue reading LEGAL ACCESS TO PRIVATE CEMETERIES IN VIRGINIA

VLTA DAY ON THE HILL 2023

VLTA Day on the Hill connects the Virginia title insurance community with Virginia legislators. Representatives enjoy speaking with constituent resources on whom they can rely for information on proposed legislation. We identify participants' Senators and Delegates and set up 10-15 minute appointments to discuss relevant issues with those representatives.Lobbying on behalf of the industry provides elected … Continue reading VLTA DAY ON THE HILL 2023

VLTA 2022 Annual Convention Lineup

OCTOBER 20-22, 2022​ The Westin HotelRichmond, VA REGISTER NOW Cybersecurity in Today’s Title Industry Over the past decade, fraud within the real estate, title, and settlement industry has become more sophisticated and more closely associated with electronic communication—hence the term, “cyberfraud.” This presentation provides an overview of cyberfraud, covering common types of cyberfraud, how you … Continue reading VLTA 2022 Annual Convention Lineup

THE NTP DESIGNATION AND WHY YOU SHOULD CONSIDER GETTING IT

When asked to write an article for the Examiner Magazine on obtaining the ALTA National Title Professional (NTP) Designation, several thoughts ran through my mind. First, I was flattered that a simple post on the VLTA Online Community website had inspired another member to consider, and eventually earn the NTP Designation herself. Second, I was … Continue reading THE NTP DESIGNATION AND WHY YOU SHOULD CONSIDER GETTING IT

NEW LAWS July 1, 2022

The summaries below were drafted by the Virginia Division of Legislative Services.   From the thousands of bills which were introduced during the 2022 session, these summaries include only bills which have been signed into law by the Governor and have been found by this author to be relevant to the VLTA membership.  This selection process … Continue reading NEW LAWS July 1, 2022