The Liaison Committee met Thursday December 13 at the TFC Boise office at 406 W. Franklin St. Some of the issues discussed included:
1. Jim gave a DOI update. Jim advised of a property profile in Hayden prepared by Corinthian Title and Escrow out of CA that contains more than what our Rules allow but did not go as far as title insurance. He is working with the entities involved to clarify what they do in Idaho so that it is in compliance with Idaho law. Jim also advised that license renewals are coming in and reminded those that had not filed to get them in as well as those that had 3 year escrow audits due.
2. Martin gave a legislative update. Gov. Little is reorganizing and instilling his own staff. Martin expected that Gov. Little will have agencies in closer contact with his office. On the election front committees have been reorganized to some extent. Sage Dixon is the chair of the House Business Committee and Sen. Patrick is the Commerce Committee chair.
3. Martin advised the Legislative Committee would rev up its review of the DOI Rules project in terms of looking at ways to consolidate and streamline. Phil McGrane’s flat fee bill looks solid as there have been no concerns expressed. This bill would clear up the interpretation issues that seem to keep being asked with different responses in the various Counties. The HOA fee issue continues to be monitored. The HOA management companies had formed an association and had reached out to the realtors about proposing a new law but nothing has been circulated and that remains to be the case as far as we know. The parties know that the lenders and ILTA want to participate in any movement on this issue.
4. Martin advised the draft remote notary bill was tweaked to require e-recording which will have the effect of getting the last two holdout Counties on board with e-recording. The Legislative Committee is striving to work with the SOS in conjunction with the Uniform Law Commission and lenders that are being led by Mike Brassey. The realtors appear to be on board. The lenders are slower to support asking why it is necessary. Cameron advised Bob Rice had agreed to be the new chairman of the Legislative Committee. Bob was on the committee and present at the last go around with the SOS office on the notary overhaul so is already familiar with the players as we look to move on the remote notary issue this upcoming session.
5. Regional trainings in Twin Falls (23) and Idaho Falls (62) had good numbers – totaling 85. Daryl advised that a big percentage of attendees seemed to be “newbies” and found the info very relevant but still would like a deeper dive even though we changed from three topics to two. The Coeur d’ Alene training is set for January 9 at the First American office and there are 43 participates signed up so far. Please see the attached flyer and RSVP to Daryl. Also attached is the training flyer for Boise to be held January 15 at the Pioneer Rifleman office. The trainings will consist of two topics – Paul Newton (for Cindy Guanell) on understanding title commitments and Glen Roberts on title policies – which is the best one for the customer.
6. The next meeting is scheduled for Thursday January 10 at the Capitol in Room WW17 which is on the garden level, west/senate side. The meeting will be call in available with call in info being announced closer to the meeting time with the liaison agenda. The February will be held on the 14thand also at the Capitol in Room WW17.