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NY Title Industry News and Updates – February 2022

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:

  • Acknowledgements
  • Adjoining Owners
  • Condominium Common Charge Liens/Statute of Limitations
  • Contracts of Sale
  • Land Under Water/Town of Southampton
  • Lien Law/Itemized Statements
  • Lien Law/Necessary Parties After Bonding
  • Mortgage Foreclosures/Abandonment
  • Mortgage Foreclosures/Acceleration of Indebtedness
  • Mortgage Foreclosures/Defendants
  • Mortgage Foreclosures/Notices – PAPL Section 1304
  • Mortgage Foreclosures/Ratification of Obligation
  • Mortgage Foreclosures/Referee’s Report
  • Mortgage Foreclosures/Standing
  • Mortgage Foreclosures/Statute of Limitations/Mortgagee-in-Possession
  • Partition
  • Restrictive Covenants/Subdivisions
  • Uniform Commercial Code/Mezzanine Loans

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.