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NY Title Industry News and Updates – November 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:

  • Action to Quiet Title/Mortgage Foreclosure
  • Condominiums and Cooperatives/Offering Plans
  • Contracts of Sale/Attorney Approval
  • Contracts of Sale/Meeting of the Minds
  • Contracts of Sale/Time of the Essence
  • Financial Crimes Enforcement Network (“FinCEN”)
  • Landmarks Preservation Commission
  • Lien Law/Mechanics’ Liens
  • Mortgages/Abandoned Residential Property
  • Mortgage Foreclosures/Notices
  • Mortgage Foreclosures/One Action Rule
  • Mortgage Foreclosures/Statute of Limitations
  • Mortgage Recording Tax/New York State Transfer Tax
  • Nuisance and Trespass by Diversion of Water
  • Receivers
  • Recording/Acknowledgements
  • Recording Act/Bona Fide Purchaser
  • Recording Act
  • Tax Sales

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.