US Dept of Treasury, Financial Crimes Enforcement Network (FinCEN) updates the Geographic Targeting Order to Include 4 Boroughs On January 13, 2016 the FinCEN issued a Geographic Targeting Order (GTO) on title underwriters. The original GTO would expire on August 27, 2016, however FinCEN has continued the GTO until February 23, 2017. In addition to […]
Below is an article written by Michael Yellin for the New Jersey Law Journal. Yellin is a member in the Litigation Department and Real Estate Special Opportunities Group at Cole Schotz in Hackensack. Issues Plaintiff Must Consider Before Resolving a Commercial Foreclosure Action There are five financial issues that every plaintiff must consider before resolving […]
NJ CLE Seminar on: Top 10 Land Use Cases of 2015 and Ethics 101: An Update When and Where: Tuesday, April 12, 2016 8:00-8:30am – Registration 8:30-10:30am – Presentations and Discussion Investors Bank Conference Center 193 Morris Avenue Springfield, NJ 07081 Please join us for a valuable 2 credit NJ CLE seminar. The first […]
Below is a bulletin we received from First American Title Insurance Company. However, the Geographic Targeting Order affects all title insurance underwriters and issuing title agents who close residential real estate transactions in Manhattan. The new regulatory rules and requirements will impact you as a closing attorney, so please review the below and become familiar […]
“Just wanted to drop you a note of thanks. You and your staff have been absolutely terrific all these years. On your staff, Amy and Kut-Na have been particularly friendly, helpful and responsive. Thanks for the tremendous service. It has been and will always be a pleasure working with you.” -Carmine LoFaro, Esq., LoFaro & […]
“CB Title excels at complex commercial transactions. It is so refreshing to work with a company where everyone is knowledgeable. The title reports I requested came back quickly and any issues were handled professionally.” -Saul Scherl, Blackpoint Partners LLC, New York, NY
“CB Title’s service is fast and efficient – they are great partners to work with. They go above and beyond expectation.” -Stuart Green, Denholtz Associates, Rahway, NJ
“The people at CB Title actually take the initiative. So that even on complex deals we don’t have to provide a lot of direction. They already know what needs to be done and they do it.” – Samuel Zylberberg, Esq., Weil, Gotshal & Manges LLP, New York, NY
Information on Denial of Realty Transfer Fee Exemption for Fannie Mae and Freddie Mac transactions in New Jersey
Title Exemptions for Lands in New York Adajacent to Water Bodies
COMMERCIAL LAW. CONTRACTS. SPECIFIC PERFORMANCE. PLEADINGS. Plaintiff, a corporation, brought an action for specific performance of a $2.2 million contract to purchase two mortgage loans from the defendant LLC. In moving to dismiss for failure to state a cause of action based upon documentary evidence, the defendant contended that no binding contract was formed because […]
A recent New York State appellate court decision could have ramifications for co-op and condo board members. The decision was handed down making it easier for individual board members to be litigated as individuals by unhappy apartment applicants, renters and owners. The unanimous verdict was reached on July 3rd by five judges in the Appellate […]
Information on the New York City “STAR Recap Fee” Ruling – May 29th, 2012