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Georgia looks to protect residents from title theft with new law

Housing Wire

The law also allows the owner of any real property to bring an action against an individual who has knowingly filed, or recorded, in any public record a false or forged deed or other instrument purporting to convey the owner’s interest to such real property to such individual or a third party.

Law 397
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Side files restraining order against Alexander brothers for allegedly moving loan collateral

Housing Wire

The order requests that the Alexanders be prevented from “selling, transferring, dissipating, or otherwise disposing of any of Defendants’ real property or any of the collateral” on the loan.

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Matthew Cenedella takes CFO post at NAR

Housing Wire

He also served on NARs Investment Advisory Board and Real Property Operations Committee, and he was the secretary-treasurer of the REALTORS Relief Foundation. Pierpoint has served NAR for nearly four decades, including serving as CFO and as a staff executive to NARs Finance Committee for 20 years.

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Treasury halts business ownership information reporting

Housing Wire

1, requires real estate professionals to submit reports and keep records about certain high-risk, non-financed transfers of residential real property to specified legal entities and trusts. This rule, which goes into effect Dec.

Business 355
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New York moves to allow title insurance for state land deals

Housing Wire

The amendment states that the attorney general may accept a title policy from any title company licensed by the state of New York that names the people of the State of New York as insured for the acquisition of real property.

Insurance 285
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Asian real estate group, other advocates claim Florida law violates Fair Housing Act

Housing Wire

The law at the center of the suit came into effect on July 1, 2023, and it “generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern,” according to the Florida Senate.

Law 429
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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

The checklist covers such broad areas and topics as: organizational structure; litigation; compliance ; intellectual property; real property; financial and tax; labor and employment; material, vendor, and software contracts; insurance; and customers.

Mortgage 418