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10
Jan 2020
ny foreclosure law
Amended NY Foreclosure Law Risky for Bona Fide Purchasers and Title Underwriters

Despite protests from the NYSLTA, NY foreclosure law has been amended via bill A5619/S5160, which was signed and chaptered on December 23, 2019 ...

14
Oct 2016
Insurability Versus Marketability

Insurability Versus Marketability: What’s the Difference? It’s a question we regularly receive: how is a property’s insurability different from its marketability? These two terms, ...

01
Jul 2016
Text Messages Add New Layer of Risk to Modern-Day Real Estate Transactions

As we discussed in a recent blog on the Statute of Frauds, buyers are usually not obligated to honor real estate agreements so ...

30
Mar 2016
Chattel or Fixture
What’s the Difference between a Fixture and a Chattel?

As the Latin phrase goes: quicquid plantur solo, solo credit. That means that what is fixed to the land becomes part of the ...

10
Mar 2016
Contract
Statute of Frauds for Real Estate Transactions in NY: The Basics

Is a buyer obligated to honor a real estate agreement even if they don’t sign a contract? Usually not, however there are exceptions. ...

03
Feb 2016
NY Transfer Tax
New York Transfer Tax—Simplified

As a NY Title Insurance company, we often receive inquiries regarding the transfers of ownership for properties in New York. Though we do ...

30
Oct 2015
Reverse Mortgage
Reverse Mortgages In New York

Several years ago, the phrase “reverse mortgage” conjured for many people scary images of naive, elderly property owners robbed of their homes by ruthless, ...

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