Judicial News
NYC Lead Paint Rules: Key Updates for 2025
New York City has updated its lead-based paint laws, and property owners need to take action before the August 9, 2025 deadline. All rental units and common areas in buildings built before 1960, or between 1960 and 1978 if known to have lead paint, must be tested using an XRF (X-ray fluorescence) device by a […]
Take Judicial Notice: Amendment to Section 6 of the Tax Law
RE: Amendment to Section 6 of the Tax Law Please be advised that, effective July 1, 2025, all tax warrants must be filed electronically with the Office of the Secretary of State. Pursuant to this change, the electronic filing of a tax warrant will result in the creation of a lien in all sixty-two (62) […]
Take Judicial Notice: New Property Condition Disclosure Statement
RE: New Property Condition Disclosure Statement Effective March 20, 2024, the amended New York Real Property Law Chapter 50, Article 14 (the “Property Condition Disclosure Act”) will compel all sellers of residential property to complete and deliver a Property Condition Disclosure Statement to a buyer prior to signing a contract of sale. Previously, sellers could […]
Take Judicial Notice: Amendment to NYS Property Disclosure Law to take effect in March of 2024
RE: Amendment to NYS Property Disclosure Law to take effect in March of 2024 On September 22, 2023 Governor Hochul signed legislation amending the Property Condition Disclosure Act. The new legislation will take effect on March 20, 2024. The amendment repeals the ability of a Seller of residential property to provide a $500.00 credit to […]
Take Judicial Notice: loanDepot Cybersecurity Incident
RE: loanDepot Cybersecurity Incident We have been made aware of a Cyber Incident involving loanDepot, Inc. Information regarding the scope, impact, and resolution has been limited, but loanDepot has indicated that updates will be posted to https://loandepot.cyberincidentupdate.com/. For transactions involving the payoff of a loan where LoanDepot is the payee, servicer, or lender: If the […]