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New York Title Industry News and Updates – June 2021

Current Developments is a seasonal newsletter provided by First American Title Insurance Company to its agents, covering the latest developments in the state of New York. We would like to share this information with you, so that you can better serve your clients.
Some of the topics covered in this newsletter include:

  • Adjoining Owners/Condominium Units
  • Adjoining Owners/Easements
  • Adjoining Owners/Strict Liability
  • Adjoining Owners/Water Runoff
  • Adverse Possession/Easements
  • Condominiums/Blanket Liens
  • Condominiums/Common Charges
  • Constructive Trusts
  • Cooperatives/“Business Judgment” Rule
  • Deeds
  • Deeds/Caveat Emptor
  • Easements/Prescriptive or By Necessity
  • Election of Remedies/One Action Rule
  • Lien Law/Trust Funds
  • Mechanic’s Lien Foreclosure/Notice of Pendency
  • Mortgage Foreclosures/Judgment of Sale
  • Mortgage Foreclosures/Necessary Parties
  • Mortgage Foreclosures/Notes
  • Mortgage Foreclosures/Notices RPAPL Section 1304
  • Mortgage Foreclosures/Referee’s Report
  • Mortgage Foreclosures/Standing
  • Mortgage Foreclosures/Standing/RPAPL Section 1302-a
  • Mortgage Foreclosures/Statute of Limitations
  • Mortgage Recording Tax/Federal Credit Unions
  • Nuisance/Elevators
  • Pandemic/Leaseholds
  • Real Estate Taxes/Exemptions
  • Recording Act/Bona Fide Purchasers
  • Tax Lien Foreclosures
  • Tenants in Common/Physical Partition of Property
  • Zoning Lots/Expansion

To view the newsletter, click here. As always, if you have any questions about Title Insurance or if there is anything else we can do to assist you, please contact us at (212) 239-8789.