About LTAC

The Land Title Association of Colorado is a non-profit trade organization designed to promote and advance title insurance issues in Colorado. We were incorporated in 1963, but our organization history dates back to 1906, when a concerned group of title professionals joined together to ensure competency and thoroughness in Colorado title work. Their legacy lives on today in LTAC. Our members, businesses or individuals, come together to protect Colorado real estate transactions. Real estate buyers, sellers, financers and developers all benefit from the quality title work fostered by LTAC and its members.

Our organization provides education to its members, outreach to the consumer community, and insight to legislators and regulators about the title insurance industry. We are proud of our history, engaged in the present, and challenged by our future.

INTRODUCING - LTAC NEW  Management Program

 November 2, 2018 from 8:30am to 1:00pm

Location: 8400 E. Crescent Parkway Suite 550  Greenwood Village, CO 80111

Class Descriptions/Timing:

  • 8:30 – 9:15 Strategic Planning  / Neil Gulley / TRG / Senior Vice President – West Region
  • 9:30 – 11:00: Budgeting / Byron Jefferson / South Adams County Water / Finance Administrative Services Manager
  • 11:15 – 1:00: Human Resources - Debi Chernak / HR Cert Prep Pros / Founder & CEO

Click here for more info!

Register Here!

 

 

RE Contract Changes 

The 2019 mandatory Contract to Buy and Sell Real Estate (Residential) (“Contract”) and forms go into effect on January 1, 2019.   Please see a copy of the contract here.  Section 13 “Transfer of Title” and sections 13.1; 13.2; 13.3, of the new Contract will affect how our industry prepares the deed. LTAC has developed  the following best practices to help guide member companies on Section 13.   LTAC in conjuction with CAR and the Bar will be introducing legislation in January that will better balance the risks between the seller, buyer and title insurer than in the 2019 contract.  However, we still need to follow the new contract until this legislation passes.   We will of course keep you updated on this proposed legislation as it moves through the process.  

In addition, please review the changes to Section 7 in regards to homeowner associations.   LTAC has interviewed a handful of larger HOA’s and/or management companies in preparation for the new 2019 RE contract and several have indicated that they will not be able to fulfill these requirements.

 Here’s a few highlights:

  •  Annual Disclosure, which most HOA’s surveyed DO NOT currently have 
  •  Insurance Policies, including deductibles, policy limits, and all those insured 
  •  List of all fees
  •  Meeting minutes, even those that are in “executive session”

 We have formed a task force to research how prepared HOAs are for this contract change.   If you interested in joining the task force or have information you would like to share, please email [email protected] and she will get your information our task force chair.