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NY Title Industry News and Updates – January 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:

  • Adverse Possession
  • Building Loan Agreements/Material Modifications
  • Collateral Estoppel/Statute of Limitations
  • Condominiums/Business Judgment Rule
  • Condominiums/Common Charges
  • Condominiums/Duty of Care to Tenants
  • Contracts of Sale/Consequential Damages
  • Easements
  • Equitable Mortgages
  • Guaranty/Leaseholds
  • Leases/Liquidated Damages
  • Leases/Option to Extend
  • Mortgage Foreclosures/Abandonment
  • Mortgage Foreclosures/Default/Equitable Relief
  • Mortgage Foreclosures/Intervention
  • Mortgage Foreclosures/Notices
  • Mortgage Foreclosures/Real Estate Taxes & Insurance/ Voluntary Payment Doctrine
  • Mortgage Foreclosures/Referee’s Report
  • Mortgage Foreclosure/Standing
  • Mortgage Foreclosures/Statute of Limitations
  • Mortgage Modifications/Priority
  • New Legislation/Mortgage Foreclosures
  • Mortgage Recording Tax
  • Pandemic/NYC Local Laws
  • Partition
  • Recording Act/Fraudulent Satisfaction of Mortgage
  • Statute of Frauds
  • Tax Sales
  • Uniform Commercial Code/Cooperative Units
  • 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