CA Land Title Association Celebrates 100th Anniversary
April 30, 2007
SACRAMENTO, Calif.,-- The California Land Title Association is celebrating its 100th anniversary at the group's annual convention in San Francisco. The convention runs from April 29 through May 1 at the historic Palace Hotel.
During the convention, CLTA will release its "Anniversary Book" publication tracing the history of the Association and the title industry in California -- complete with historic photos, archived materials and other rare documents.
"Title companies have played a critical role in the development of California and will continue to insure the American dream for the state's growing population," said California Land and Title Association President Rich Macaluso. "Our member companies take great pride in protecting property owners, preserving the state's environmental resources, and recovering delinquent child support, spousal support and tax payments that would otherwise have gone uncollected."
Title insurance relies upon an exhaustive search of the public record to identify and correct liens and other encumbrances on property. A recent national study showed that title companies undertake corrective action that protects consumers in more than one out of every three real estate transactions. There are currently nearly one hundred title companies licensed to do business in California.
Source: The California Land Title Association (CLTA)