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Showing posts with label Title Insurance. Show all posts
Showing posts with label Title Insurance. Show all posts
Wednesday, December 16, 2020

New York is Really Tired of Banks and Title Companies Not Accepting Powers of Attorney

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Governor Cuomo has signed into a law Assembly Bill A5630A which aims to simplify the statutory short form power of attorney and increase it...
Thursday, August 06, 2020

Title Litigation - Resolving a Boundary Line Dispute

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The Appellate Division recently reminded us how the courts make a boundary line dispute determination in the case of Old Timers Rod & Gu...

Title Insurance - Read Your Policy Before You Sue Your Insurer to Take Action

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I want it; I want it; I want it is not a good enough argument said the Appellate Division in Irma Straus Realty Corp. v. Old Republic Nation...
Tuesday, March 24, 2020

Title Examination, GAP Insurance, and Recorded Deeds - Closing Title in a Quarantined World

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As of March 24, 2020, both the Nassau County and Suffolk County Clerks have suspended in-person access to their offices.  As previously repo...
Monday, December 30, 2019

Case Alert: Title Regulation 208 is Back - No More Wining and Dining Permitted - DFS Enforcement is Coming

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On December 26, 2019, the Appellate Division, First Department, reversed the Supreme Court and dismissed the New York State Land Title Asso...
Saturday, January 19, 2019

Title Insurance Regulation 208 is Back - Soliciting Title Business is Seriously Restricted Yet Again

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On January 15, 2019, the Appellate Division, First Department, reversed the Supreme Court in New York State Land Title Associations, Inc. v....
Friday, September 07, 2018

Sports Tickets for Real Estate Attorneys - Title Regulation Annulled - Game On

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Insurance Regulation 208 has been annulled in the Article 78 case of New York State Land Title Association, Inc.; The Great American Title A...
Tuesday, July 10, 2018

Judge Strikes Down Title Insurance Regulation 208

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Regulation 208 (11 NYCRR 228) is now annulled pursuant to New York County Supreme Court Justice Rakower’s  decision and order on New York S...
Thursday, January 18, 2018

New York State Senate Says Aye to Bill Allowing Title Insurance Marketing Expenses

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With 61 ayes and 0 nays, the New York State Senate passed S6704 which provides a definition for “an inducement for, or as compensation for...
Thursday, December 21, 2017

Title Bribes continue until February 1, 2018

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DFS Statement Regarding 11 NYCRR 228 Given the important consumer protections and impact of the necessary reforms of the title insurance ...
Thursday, November 09, 2017

No More Title Insurance Bribes: Compliance Protocol Needed at Every Title Insurance Agency

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The Department of Financial Services has closed the door to the good old boys’club of title insurance kickbacks. Say goodbye to free meals a...
Wednesday, March 08, 2017

FinCEN Renews Order Requiring Full Disclosure of Persons Behind All Cash Purchases of High-End Real-Estate

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The Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury renewed a Geographic Targeting Order (GTO), on Fe...
Wednesday, April 02, 2014

Title Insurance Reform in NYS Budget

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Accordingly to a Press Release entitled, Governor Cuomo and Legislative Leaders Announce Passage of 2014-15 Budget , NYS now has significant...