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NY Title Industry News and Updates – November 2020

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
  • Adverse Possession
  • Architects/Statute of Limitations
  • Condominiums/Common Charges
  • Cooperative Units/Legal Fees
  • Guarantees/Leaseholds
  • Leases/”Yellowstone” Injunction
  • Lien Law/Bonded Mechanic’s Lien
  • Lien Law/Mechanic’s Lien
  • Mortgage Description/Reformation
  • Mortgage Foreclosures/Bidder Default
  • Mortgage Foreclosures/Interest
  • Mortgage Foreclosures/Multiple Parcels
  • Mortgage Foreclosures/Notices – RPAPL Section 1304 
  • Mortgage Foreclosures/Possession by Mortgagee After Default
  • Mortgage Foreclosures/Standing
  • Mortgage Foreclosures/Statute of Limitations
  • Mortgage Recording Tax/Mezzanine Loans
  • Notice of Pendency/Estates
  • Pandemic/Evictions and Mortgage Foreclosures (Commercial)
  • Pandemic/Executive Order/Mezzanine Loans
  • Receivers/Mortgage Foreclosures
  • Recording Act/Bona Fide Encumbrancer
  • Res Judicata/Mortgage Foreclosures
  • Rights of First Refusal

Rights of First Refusal

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