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NY Title Industry News and Updates – August, 2019


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:

  • Acknowledgements/Recording Act
  • Adjoining Owners/Easement by Necessity
  • Adjoining Owners/Encroachments
  • Bona Fide Purchasers/Recording Act
  • Condominium and Cooperative Offering Plans
  • Contracts of Sale/Causes of Action for Fraud
  • Contracts of Sale/Time of the Essence
  • Equitable Subrogation/Mortgage Foreclosures
  • Leases/Yellowstone Injunction
  • Mechanics’ Liens/Defamation
  • Mechanics’ Liens/Res Judicata
  • Mortgage Foreclosures/Abandonment of Action
  • Mortgage Foreclosures/Change of Referee
  • Mortgage Foreclosures/One Action Rule
  • Mortgage Foreclosures/Standing/UCC
  • Mortgage Recording Tax/New York State Transfer Tax
  • Parkland/Public Trust Doctrine
  • Partition/Right of First Refusal
  • Statute of Limitations/Mortgage Foreclosure
  • 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.

This bulletin is sent courtesy of CB Title Agency of NY, LLC and First American Title Insurance Company. This article is for informational purposes only and is not intended to provide legal advice, but rather to provide insight into legal developments and issues that may be useful to our clients and friends. In no circumstance is this article intended to be a full treatment of the above subject matter. Reader is advised to obtain additional information as noted.