12 CCR s 344.5

Cal. Admin. Code tit. 12, s 344.5

CALIFORNIA CODE OF REGULATIONS
TITLE 12. MILITARY AND VETERANS AFFAIRS
DIVISION 2. DEPARTMENT OF VETERANS' AFFAIRS
CHAPTER 2. VETERANS' FARM AND HOME PURCHASES
SUBCHAPTER 3. CONTRACT AND OTHER TERMS
This database is current through 12/22/06, Register 2006, No. 51.
s 344.5. Reliance by Title Insurance Companies.

Upon the giving of the notices prescribed by Sections 344.1, 344.2, and
344.3, above, and the failure of the contract holder and junior
lienholders to respond or otherwise act within the times permitted, the
Department may provide a statement to one or more title insurance
companies certifying that the notices were duly given as prescribed and
that the contract holder and junior lienholders failed to respond. The
statement may be provided separately or may be included in a notice of
cancellation of contract recorded in the county in which the property is
located, and the statement may be relied upon for the purpose of issuing a
policy of title insurance free and clear of any claimed interests of the
contract holder and non-responding junior lienholders.

Note: Authority cited: Sections 700, Military and Veterans Code.
Reference: Sections 987.5, 987.6, 987.77 and 987.78, Military and
Veterans Code.

HISTORY

1. New section filed 4-4-88; operative 5-4-88 (Register 88, No. 17).

12 CCR s 344.5, 12 CA ADC s 344.5
1CAC

12 CA ADC s 344.5

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