Judicial News

Take Judicial Notice: New Paltz Transfer Tax

Please be advised effective immediately the Town of New Paltz has imposed a 1.5% transfer tax on all conveyances of real property within the Town of New Paltz or Village of New Paltz occurring on or after February 1, 2021.  This tax will not apply to transfers which have a binding written contract executed prior […]

Coops, Condos, and COVID-19

For condos, coops and homeowner’s associations, the novel coronavirus has presented a myriad of legal issues.  There is now an opportunity to develop a blueprint should a similar crisis occur in the future.  It is now more important than ever for practitioners to set forth for their clients plans for the future.  The link below […]

Liquidation of OneTitle National Guarantee Company Inc.

Liquidation of OneTitle National Guarantee Company Inc. By order filed on October 6, 2020, the Supreme Court of the State of New York has granted a motion placing OneTitle National Guarantee into liquidation. The order names Linda Lacewell, Superintendent of The Department of Financial Services (DFS) and her successors in office as liquidator. Pursuant to […]

NYSLTA Title Insurance Compliance FAQs

  The New York State Land Title Association (NYSLTA) is a trade association representing the interests of persons and companies actively engaged in the title insurance industry in New York State. The NYSLTA is devoted to advancing the interests of all those involved in abstracting, examining or insuring title to real property.  Our work benefits […]

New Law – Defense of Lack of Standing Not Waived

New Law – Section 1302-A of RPAPL Defense of Lack of Standing Not Waived Section 1302 of the RPAPL has been amended to include a new sub-section 1302-A. The result of the revised law is to prohibit a defendant from waiving the defense that the plaintiff lacks standing to bring the foreclosure action. This prohibition […]

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