September 7, 2018 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 same useful to better assist in servicing your clients.

Click on Current Developments to read further:

Current Developments – September 2018

Some of the topics highlighted in this newsletter include:


  • Adverse Possession
  • Clogging/Mezzanine Loans
  • Condominiums/Common Charges
  • Condominiums and Cooperatives
  • Contracts of Sale/Anticipatory Breach
  • Contracts of Sale/Not-for-Profit Corporations
  • Contracts of Sale/Permitted Exceptions
  • Deeds/Date of Delivery
  • Easements
  • Leaseholds/Illegal Use
  • Marketability of Title/Rule Against Perpetuities
  • Mortgage Extension/Statute of Frauds
  • Mortgage Foreclosures/Appointment of Receiver
  • Mortgage Foreclosures/One Action Rule
  • Mortgage Foreclosures/Revocation of Acceleration
  • Mortgage Foreclosures/Service of Notice to Quit
  • Mortgage Recording Tax/New York State Transfer Tax
  • Mortgages
  • Party Walls
  • Powers-of-Attorney/Ratification
  • Real Estate Taxes/Qualified Empire Zone Enterprise
  • Religious Corporations
  • Title Insurance/NYS Department of Financial Services
  • Title Insurance/Municipal SearchesReprinted with permission from First American Title Insurance Company Current Developments .
  • This bulletin is sent courtesy of Abstracts, Incorporated and First American Title Insurance Company of New York, and is provided for informational purposes only and is not intended to provide legal advice.