Category: Articles

We have become aware of a new trend regarding municipal fees being assessed against vacant properties during foreclosure. On July 14, 2014, N.J.S.A. 46:10B-51 was amended to allow municipalities to […]

We have been alerted that a new Financial Crimes Enforcement Network (FinCEN) Geographic Targeting Order (GTO) has been issued. The new Order extends reporting requirements that occur from September 22, […]

Since the 2006, two ALTA commitments have been used: ALTA Commitment (NJRB 3-07) and ALTA Plain Language Commitment (NJRB 3-08). Effective May 23, 2017 both of these forms will be […]

NYS Department of Taxation issued TSB-M-16(1)R imposing a tax of $0.25 per thousand on mortgages made by a County IDA within a Transportation District and $0.30 for counties within the […]

Please be advised that the City of New York currently has an amnesty program for Environmental Control Board judgments, the benefit being a reduction of penalties and interest, subject to […]

As New York City attempts to collect more of the $1.5 billion+ it is owed in unpaid ECB fines, an amnesty program starts Monday If you have unresolved Environmental Control […]

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) […]

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 […]

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 […]

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 […]

Suffolk County Verification Fee to increase on December 18, 2015 This bulletin is to advise that Local Law 34-2015 was enacted which increases the Real Property Tax Service Agency verification fee to […]

Voluntary Payment Doctrine Precluded Lawsuit DRMAK Realty LLC v. Progressive Credit Union, 2015 N.Y. Slip Op. 08044, 1st Dept 11-5-15 The First Department, over a dissent, determined plaintiff’s (Klein’s) complaint alleging breach […]

What are the New Forms Effective October 3, 2015? CB Title is committed to providing you with training and reference materials related to the new regulations and forms coming October […]

New Disclosure Form Rules Become Effective October 3, 2015 CB Title is committed to providing you with training and reference materials related to the new regulations and forms coming October 3rd.  Please […]

Title Talk – Summer 2015 Title Talk is a seasonal newsletter provided by the Fidelity National Title Group to its agents, covering the latest developments in the state of New […]

CFPB Final Ruling Moves TRID Implementation Date to October 3, 2015 CB Title is committed to providing you with training and reference materials related to the new regulations and forms […]

CFPB Proposes Delay to TRID Implementation Date CB Title is committed to providing you with training and reference materials related to the new regulations and forms coming October 1, 2015*. […]

TOLERANCE LEVELS UNDER THE NEW CFPB REGULATIONS CB Title is committed to providing you with training and reference materials related to the new regulations and forms coming August 1st.  Please […]

THE EFFECT OF THE NEW LENDING DISCLOSURE TIMELINE ON SCHEDULING CLOSINGS CB Title is committed to providing you with training and reference materials related to the new regulations and forms […]

WHAT ARE THE NEW FORMS BEING INTRODUCED? CB Title is committed to providing you with training and reference materials related to the new regulations and forms coming August 1st.  Please […]

New Disclosure Form Rules Become Effective August 1, 2015 CB Title is committed to providing you with training and reference materials related to the new regulations and forms coming August 1st.  Please […]

ACRIS Tax Form Creation Changes Effective May 18, 2015 Advisory: Effective May 18, 2015, the NYC-RPT form will be revised to include two additional GRANTOR and GRANTEE types: Single Member […]

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 […]

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 […]

Information on the New York City “STAR Recap Fee” Ruling – May 29th, 2012