April 16, 2021 | Current Developments

Current Developments is a newsletter provided by First American Title Insurance Company highlighting some of the latest developments in the State of New York which affect the real estate industry. We hope you find it useful to better assist in servicing your clients.

 

 

Some of the topics highlighted in this newsletter include:

 

  • Stay of Pending Commercial Foreclosure Proceedings
  • Requirement of Additional Affidavits in Newly-Commenced Actions
  • Stay of Actions in Which the Mortgagor Provides a Hardship Declaration
  • Stay of Actions in Which Judgment of Sale Has Been Issued But Not Yet Exe-cuted
  • Stay of Commercial Eviction Proceedings
  • Requirement of Additional Affidavits in Newly-Commenced Proceedings
  • Stay of Execution of Warrants in Commercial Eviction Proceedings
  • Prior Judgments Based on Objectionable or Nuisance Behavior