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NY Title Industry News & Updates – July 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:

  • Cemetery Lands
  • Commercial Leases/”Yellowstone” Injunction 
  • Condominiums/Limited Common Elements
  • Contracts of Sale/Breach
  • Contracts of Sale/Escrow/Interest
  • Contracts of Sale/Letter Agreement 
  • Contracts of Sale/Religious Corporations
  • Contracts of Sale/Warranties
  • Deed an Equitable Mortgage
  • Development Rights/Professional Malpractice
  • Homeowners’ Associations 
  • Leases/Guarantees
  • Lien Law/Trust Fund Diversion
  • Mechanics’ Liens/Bonding/Quasi-Contract 
  • Mortgage Foreclosures/Abandonment
  • Mortgage Foreclosures/NYS Office of Court Administration
  • Mortgage Foreclosures/Notices – RPAPL Section 1304
  • Mortgage Foreclosures/One-Action Rule
  • Mortgage Foreclosures/Statute of Limitations/Acceleration
  • Mortgage Foreclosures/Statute of Limitations/MERS
  • Mortgage Foreclosures/Statute of Limitations/Note
  • Mortgage Foreclosures/Surplus Monies
  • Mortgages/Lenders’ Equitable Remedies
  • Pandemic/Executive Order/Mezzanine Loans
  • Pandemic/Rent Relief
  • Statute of Frauds/Leases
  • UCC/“Commercially Reasonable” Sale
  • Zoning/Short-Term Rentals

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