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NY Title Industry News and Updates – September 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:

  • Common Charge Lien Foreclosure/Surplus Monies
  • Condominiums/Federal Forfeiture/Right of First Refusal
  • Contracts of Sale
  • Contracts of Sale/Specific Performance
  • Leases/ “Yellowstone” Injunction
  • Lien Law
  • Mortgage Foreclosures/One-Action Rule
  • Mortgage Foreclosures/Necessary Parties
  • Mortgage Foreclosures/Notices – RPAPL Section 1304 
  • Mortgage Foreclosures/Referee’s Report
  • Mortgage Foreclosures/Standing
  • Mortgage Foreclosures/Statute of Limitations
  • Mortgage Recording Tax/New York State Transfer Tax
  • Mortgages/Erroneous Satisfaction
  • Pandemic/Mezzanine Loan Foreclosures
  • Pandemic/Mortgage Foreclosures
  • Pandemic/Mortgage Recording Tax/Condominiums
  • Partition/Recording Act 
  • Sidewalks/Liability

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