Category: Bulletins

Purpose: To provide guidance and establish requirements for transactions involving vacant and abandoned properties that are subject to possible registration fees imposed by the municipality. Background: The Abandoned Properties Rehabilitation Act, N.J.S.A. 55:19-78, and N.J.S.A. 55:19-55 permit municipalities to identify and take action against vacant and abandoned properties. Additionally, N.J.S.A. 46:10B-51 requires lenders to notify…

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 Jersey. We would like to share this information with you, so that you can better serve your clients. Some of the recent legal developments covered in this newsletter include: Title…

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: Adverse Possession Contracts…

This bulletin is continuing guidance on the FinCEN Geographic Targeting Orders (GTO) which were issued to all title insurance underwriters. A New GTO has been issued, extending the effective date of the reporting requirement to May 15, 2019. As a reminder, the GTO has defined a covered business to include title insurance underwriters, its employees…

Changes have been made to the New Jersey GIT/REP-1 Nonresident Seller’s Tax Declaration and GIT/REP-2 Nonresident Seller’s Tax Prepayment Receipt. Please take the opportunity to familiarize yourself with the new forms. The highest Gross Income Tax rate was changed from 8.97% to 10.75%. Current versions of these forms and all other New Jersey tax forms…