1031 Real Estate Like-kind Exchanges
Title agents see firsthand the importance of 1031 exchanges for building and sustaining local communities. Like-kind exchanges provide an important incentive for investing in affordable housing and commercial real estate.
Anti-Money Laundering/FinCEN
ALTA works closely with the U.S. Department of the Treasury to keep members informed of Geographical Targeting Orders (GTOs). GTOs apply to all title insurers, their subsidiaries and agents of (“Covered Business”).
Data Privacy
With states passing inconsistent laws and no uniform federal law addressing data privacy, there’s a patchwork of rules for companies to comply with. ALTA is dedicated to helping its members understand what they need to do to comply, if required, with data privacy laws.
Digital Closings/Remote Online Notarization
ALTA strives to help members identify the benefits and risks associated with digital closings in order to put the industry in the best position to solve problems and inspire innovative ideas. ALTA is your source for tools and education about digital closings.
Elder Real Estate Fraud
Criminals targeting older adults for these crimes can include family members, trusted friends or advisors, unscrupulous professionals, or complete strangers.
Non-Title Recorded Agreements for Personal Service
(NTRAPS)
ALTA supports efforts to protect consumers by prohibiting the filing of unfair real estate fee agreements in property records, a practice that creates impediments and increases the cost and complexity of selling, refinancing or transferring real estate.
Redaction/Record Shielding
Redaction is intended to shield the location and other personal information of individuals with recognized safety concerns from being accessible through documents contained in the public land records.
Serving Consumers and Communities
ALTA is proud to work alongside government and real estate industry partners to protect consumers from threats to their property rights and break down barriers to homeownership – the greatest source of wealth in the United States.
Title Acceptance Pilot
A housing cost plan includes a pilot program to waive the requirement for lender’s title insurance on certain refinances, a move ALTA opposes due to concerns about increased financial risk.
Unregulated Title Insurance Alternatives
ALTA has engaged with the FHFA and government sponsored entities (GSEs) to help them understand the differences between title insurance and alternative products in the coverage and protection they provide.