Newsroom

ILTA Newsroom

The Illinois Land Title Association is a depository for information of interest to its members at-large. This page is ever evolving to include updates on industry issues both local and national as well as a library of archived ILTA “E” news updates.

ILTA News

Newsroom

Remote Notary Regulations Public Comment

On April 15th, the Secretary of State filed their First Notice of proposed regulations, which opened a 45 day period for public comment. See page 5 of the Flinn Report for a summary of the proposed rules and see page 5874 of the Illinois Register for the full filing. For background, remote notary legislation was […]

Newsroom

Anti-Predatory Lending Database

Since ILTA’s August 2020 Anti-Predatory Lending Database (APLD) webinar (click here), the association has continued to work on clarifications and online platform changes to help with industry compliance. In the fall of 2020 the Illinois Department of Financial and Professional Regulation (IDFPR) provided FAQ updates in response to some industry concerns (click here). Industry conversations […]

Newsroom

Remote Notary Regulations Filed

On April 15th, the Secretary of State filed their First Notice of proposed regulations, which opened a 45 day period for public comment. See page 5 of the Flinn Report for a summary of the proposed rules and see page 5874 of the Illinois Register for the full filing. For background, remote notary legislation was […]

Newsroom

Unlawful Restrictive Covenants

At the beginning of this year, a new state law went into effect allowing property owners to “execute and file a restrictive covenant modification to an unlawful restrictive covenant,” see Public Act 102-110. The legislation was largely motivated by interested homeowners supported by their legislators, see Daily Herald January 5, 2022, so the association worked to […]

ILTA Newsroom

ILTA Statement on New DS-1 Form

The Illinois Land Title Association continues to work on addressing questions to the Illinois Department of Financial and Professional Regulation (IDFPR) related to the pending Disclosure of Financial Interest (DS-1) Form and related DS-1 Form Instructions on March 1st. Clarifications are being sought regarding the Department’s limited statutory authority, form content, disclosure timeline and record maintenance […]