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NJ Title Talk – Spring 2019
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 […]
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NY Title Industry News and Updates Mar-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 […]
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NY Title Industry News and Updates
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 […]
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NY Ethics Opinion 1161
ETHICS OPINION 1161 New York State Bar Association Committee on Professional Ethics Opinion No. 1161 [Inquiry No. 14-18] TOPIC: Confidential Information: Lawyer’s duty to preserve and to make adequate disclosure […]
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NJ Vacant & Abandoned Property Registration Fees
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 […]
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Title Talk – Fall 2018
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 […]
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NY Title Industry News and Updates
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 […]
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NY Title Industry News: US Dept of Treasury Announcement on FinCEN, Financial Crimes Enforcement Network
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 […]
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NJ Title Bulletin: GIT/REP-1 and GIT/REP-2 Forms Update
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 […]
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Municipal Liens Affecting Vacant Properties During Foreclosure
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 […]
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Update to FinCEN Geographic Targeting Order
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, […]
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Important Changes to NJ ALTA Title Commitment
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 […]
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IDA No Longer Exempt from Additional 1/4% Mortgage Tax
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 […]
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NYC ECB Amnesty Program Reminder
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 […]
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The NYC Amnesty Program – Forgiving ECB Fines
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 […]
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Update to FinCEN Geographic Targeting Order
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) […]
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Real Estate Article: Commercial Mortgage Foreclosures
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 […]
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NJ CLE Seminar on Top 10 Land Use Cases of 2015 and Ethics 101: An Update
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 […]
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FinCEN Geographic Targeting Order for Manhattan
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 […]
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Suffolk County Verification Fee Increase Effective December 18, 2015
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 […]