NYSLTA FALL 2021 NEWSLETTER – Published December 1st, 2021

COMMITTEE UPDATES

Legislative Committee

Last year was one of the busiest years ever for the Legislative Committee. With 2022 being the final year of a two-year session, it should be even busier as the legislators try…

Political Action Committee

It’s been close to two years since we could convene, shake hands, discuss industry issues and smile at each other without using Zoom. Those times will return, but until then, I want…

INDUSTRY UPDATES

A Zillow Flip that Flopped

Calculated Risk by Bill McBride Here is an example flop from Zillow. This home is at 271 Capella Ave in La Habra California. It is listed by Active Realty (that seems to…

Bulletin FinCEN E-Filing Portal

To provide an optimum user-friendly experience, the Financial Crimes Enforcement Network has launched enhancements and improved capabilities to their e-filing system in 2021. These modernizations will centralize the private side homepage and…

Condo Legal Fees – Payable even if Lien Small

Lender and Servicer Alert By Bruce J. Bergman October 15, 2021 CONDO LEGAL FEES – PAYABLE EVEN IF LIEN SMALL             Foreclosure of a condominium common charge lien is pursued in the form…

Estate Tax – Charge for Closing Letter

Starting Oct. 28, a new $67 user fee will apply to any estate that requests a closing letter for its federal estate tax return.  The new user fee was authorized under final…

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All title professionals in New York State, members and non-members, benefit from the work of the NYSLTA. The work we do and the things we can accomplish are only limited by the will, resources and support of our members. By joining the NYSLTA and supporting your professional association, you help us accomplish more and accelerate progress toward a business environment optimized for the secure conveyance of title to real property. There are also competitive advantages and direct benefits to you and your company. Most of our benefits and services are exclusively for members.

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