Sacramento Convention Center
8 a.m. - 11:30 a.m.
Thursday June 10, 2010
Sacramento, California

Mission statement:The Committee is a Policy committee. Its mission is to develop C.A.R.'s overall policy agenda as it relates to the practice of real estate. It has original jurisdiction to evaluate transactional issues, legislation and regulation in the following issues areas:
Licensure
Liability and Risk Management
Transactional

Presiding:
Liz Claus, Chair
David Barca, Vice Chair

Issues Chairs:
Liability and Risk Management - Timothy Brigham
License - Erik Weichelt
Transactions - Lisa Muetterties

Executive Committee Liaisons:
Annette Graw
Kevin Brown
   
Staff Coordinator: Stan Wieg
   
I.  Welcome and Opening Remarks - Liz Claus, Chair

II. Political and Regulatory Overview
A. Member mobilization - DeAnn Kerr
B. State Budget and ballot propositions
C. Other

III. Selected 2010 C.A.R. Sponsored Legislation
A. SB 1427 (Price) Local Property Maintenance Ordinances
B. SB 1000 (Correa) Portable appraisal
C. SB 1178 (Corbett) Anti-Deficiency Protections in Refinanced Mortgages
D. SB 1123 (Negrete McLeod) DRE "Poison Pill"
E. AB 1762 (Hayashi) Advance Fee Definition Clarification
F. AB 1796 (Hall) Appraisal Management Company (AMC) Regulatory Oversight

IV. Transaction Issues - Lisa Muetterties, Issue Chair
A. Point of Sale issues
     1. SB 1103 Energy Commission regulations for commercial buildings
     2. SB 183 (Lowenthal), disclosures and carbon monoxide detectors
     3. HR 2336, federal energy efficiency and appraisals
     4. AB 1809 (Smyth) Home inspector HERS audits
B. Confidentiality of Transfer Taxes*
C. FHA electronic signature - update
D. Fannie Mae "First Look" program - update
E. HAFA Update - Federal Non-Agency Home Affordable Foreclosure Alternative Program / GSE Home Affordable Foreclosue Alternative Program
F. AB 2678 (Fuentes) Prohibiting Notice of Sale during loan modification negotiations
G. Other Transaction Issues

V. Liability and Risk Management - Timothy Brigham, Issue Chair
A. AB 2317 (Saldana) Nuisance abatement (see SB 1427 (Price), above)
B. AB 1720 (Galgiani) "buyer's choice" in escrow
C. SB 931 (Ducheny) Short sales and anti-deficiency
D. FTC’s Proposed Mortgage Assistance Relief Services Rule
E. Other Liability and Risk Management Issues

VI. License Issues - Erik Weichelt, Issue Chair
A. AB 2038 (Eng) License revocation for tax delinquents*
B. AB 2457 (Nava) Super-Department of Financial Services regulatory consolidation
C. AB 2727 (Bradford) Hiring of ex-offenders
D. DRE: Broker Supervision Task Force - Update
E. Electronic examinations - Update
F. License Examination project - Update
G. New Continuing Education Course rules
H. Other License Issues

VI. Other

VII. Adjournment