If you use CC logic, I guess you wouldn't be able to get a prelim, either.

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If you use CC logic, I guess you wouldn't be able to get a prelim, either.
Posted by JK (the other JK) on June 25, 2009 at 12:06 AM
In Reply to: What part of that law says they can't provide free data? (nt) posted by JK (the other JK) on June 25, 2009 at 12:01 AM
: : Senate Bill 133. Link:
: : http://www.clta.org/e-news/sep2008/sb_133_bill_20080826_enrolled.pdf
: : Pertinent portion:
: : SECTION 1. Section 12404 of the Insurance Code is amended
: : to read:
: : 12404. (a)   It is unlawful for any title insurer, underwritten
: : title company or controlled escrow company to pay, directly or
: : indirectly, any commission, compensation, or other consideration
: : to any person as an inducement for the placement or referral of
: : title business. Actual placement or referral of title business is not
: : a precondition to a violation of this section, whether the violation
: : is or is not a per se violation pursuant to subdivision (c). [...]
: : (3)  “Title business” means the “business of title insurance” as
: : defined in Section 12340.3, and includes, but is not limited to, the
: : offering of title insurance, escrow, or other services by a title
: : insurer, underwritten title company, or controlled escrow company.
: : (c)  The following activities, whether performed directly or
: : indirectly, are deemed per se inducements for the placement or
: : referral of title insurance business by any person and are unlawful:
: : (1)  Paying or offering to pay, furnishing or offering to furnish,
: : or providing or offering to provide assistance with the business
: : expenses of any person, including, but not limited to, rent,
: : employee salaries, furniture, copiers, facsimile machines,
: : automobiles, telephone services or equipment, or computers.
: : (2)  Providing or offering to provide any form of consideration
: : intended for the benefit of any person, including cash, below
: : market rate loans, automobile charges, or merchandise or
: : merchandise credits. [...]
: : (3)  Other expenditures for a person, as permitted by the
: : Department of Insurance by regulation.
: : (e)  The provision or payment of any form of consideration as
: : an inducement for the placement or referral of title business not
: : specifically set forth in this section shall not be presumed lawful
: : merely because they are not specifically prohibited.
BTW, I still have access to Property Profiles and Comps, but not through First American. Sorry I won't mention who. Maybe First American (or CC) will file a complaint against them.

Follow Ups:

Re: If you use CC logic, I guess you wouldn't be able to get a prelim, either. Rob 3:35 PM, 06/25/09 (8)

Show me a link where any Title company has been fined for giving access to data? JK (the other JK) 3:58 PM, 06/25/09 (7)

prelims, etc. Kristine-CA 10:28 PM, 06/30/09 (0)

I'm not much of a link-meister... Rick, the Probate Guy 7:45 AM, 06/27/09 (0)

Re: Show me a link where any Title company has been fined for giving access to data? Rob 4:53 PM, 06/25/09 (4)

We are in agreement that you lied. JK (the other JK) 6:58 PM, 06/29/09 (0)

Re: Show me a link where any Title company has been fined for giving access to data? bukzin 6:37 PM, 06/29/09 (0)

I'm not a member of that site. Maybe you can cut & paste the text. (nt) JK (the other JK) 10:16 AM, 06/27/09 (1)

Here is that article bukzin 8:46 PM, 06/30/09 (0)

Post a Followup:

Name : E-Mail : Subject :
Comments: : : : Senate Bill 133. Link: : : : http://www.clta.org/e-news/sep2008/sb_133_bill_20080826_enrolled.pdf : : : Pertinent portion: : : : SECTION 1. Section 12404 of the Insurance Code is amended : : : to read: : : : 12404. (a)   It is unlawful for any title insurer, underwritten : : : title company or controlled escrow company to pay, directly or : : : indirectly, any commission, compensation, or other consideration : : : to any person as an inducement for the placement or referral of : : : title business. Actual placement or referral of title business is not : : : a precondition to a violation of this section, whether the violation : : : is or is not a per se violation pursuant to subdivision (c). [...] : : : (3)  “Title business” means the “business of title insurance” as : : : defined in Section 12340.3, and includes, but is not limited to, the : : : offering of title insurance, escrow, or other services by a title : : : insurer, underwritten title company, or controlled escrow company. : : : (c)  The following activities, whether performed directly or : : : indirectly, are deemed per se inducements for the placement or : : : referral of title insurance business by any person and are unlawful: : : : (1)  Paying or offering to pay, furnishing or offering to furnish, : : : or providing or offering to provide assistance with the business : : : expenses of any person, including, but not limited to, rent, : : : employee salaries, furniture, copiers, facsimile machines, : : : automobiles, telephone services or equipment, or computers. : : : (2)  Providing or offering to provide any form of consideration : : : intended for the benefit of any person, including cash, below : : : market rate loans, automobile charges, or merchandise or : : : merchandise credits. [...] : : : (3)  Other expenditures for a person, as permitted by the : : : Department of Insurance by regulation. : : : (e)  The provision or payment of any form of consideration as : : : an inducement for the placement or referral of title business not : : : specifically set forth in this section shall not be presumed lawful : : : merely because they are not specifically prohibited. : BTW, I still have access to Property Profiles and Comps, but not through First American. Sorry I won't mention who. Maybe First American (or CC) will file a complaint against them.

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