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

March 12, 2019

Performance Development Plan

A Performance Development Plan is a flexible tool for improving employee performance. It can be used with your strongest performers to identify new ways in which they can contribute or with employees who are not meeting expectations.

This type of plan is used to address performance issues that have been identified by the manager and communicated in an appraisal, performance-related memo or in conversation. In addition, a plan can be initiated by any self-motivated employee who wants to improve performance in a specific area.

This class will train the manager to take the employee through the two part process of completing a Performance Development Plan. Part One leads the employee through a first draft, while Part Two covers the manager's review, the manager-employee discussion, and an agreement to action, as well as establishing goals and setting appropriate expectations. 

Location: 7979 E Tufts Ave  Denver CO 80237

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.