LEGISLATIVE NEWS

States with AMC Registration Acts
Source: Appraisal Institute

April 20, 2012
Alabama Title Agent Licensure - Proposed Bricks and Mortar Legislation
Here we go again. Hot on the heels of a similar bricks and mortar requirement for title agencies doing business in Colorado, AL HB460, a title agency licensing proposal that includes a residency requirement has just passed the Insurance Committee of the Alabama House. Is this a coincidence or are requirements that effectively keep out-of-state agencies away proliferating? TAVMA is calling on all title agencies doing business in Alabama to alert your congressperson(s), lobbyists, and contacts in Alabama to let them know about this proposed bill.

A PDF of the bill is available by clicking here.

March 2012: UPDATE
Colorado Title Agent Licensure - Bricks and Mortar Act
TAVMA has been working to overcome a serious legislative challenge underway to the title insurance agency model in Colorado. The intended or unintended consequences of the proposed bill, if passed, will be to:

• eliminate non-resident licensing;
• require national agents to obtain a resident agent license, and maintain a physical presence in CO; and,
• affect license reciprocity for multi-state title agents residing in Colorado.

The bill is currently in the House State Military and Veterans Committee. TAVMA has submitted a letter to the members of the State Military and Veterans Committee voicing our opposition to the bill.

Proposed Colorado "Brick and Mortar" Legislation
Land Title Association of Colorado (LTAC) Position Paper
TAVMA Letter Opposing provisions of HB 12-1211 (CO Title Insurance Agent Licensing) (PDF) (Word)
Contacts in The House State Military and Veterans Committee (Word)