NYSLTA Spring 2021 Newsletter – Published April 16, 2021
A Message from Stephen Vincini - Title Section Chair
The developing landscape over the last 10 years in the Title Insurance Industry in New York has resulted in an evolution of the agent-underwriter relationship. The many changes and challenges have brought us together and have strengthened our partnership.
2020-2021 OFFICERS SPOTLIGHT
COMMITTEE UPDATES
The Advocacy Committee was formed as a special committee in 2019, and its value is demonstrated by it being renewed and retained by every president since its inception. The current president names…
Thank you NYSLTA members! Through your generosity, we raised over $17,825.00 for Feeding America Food Banks across New York State. That is over 53,475 meals! COMMITTEE UPDATE BY Kathy Roper…
Audio Visual Notarization, as mandated by Executive Order 202.7, has been extended to May 6th pursuant to EO 202.101. By way of review, any notarial act required by NYS law may be…
The New York State Title Agents Political Action Committee plays a vital role in our industry’s future. Although times may have changed, the challenges remain, and we continue to actively participate in…
On Thursday, February 4, 2021, the NYSLTA hosted its first ever Title Tech event. Due to the pandemic, the original live version of the event was pushed off and we were able…
CONVENTION UPDATE
INDUSTRY UPDATES
Federally, ALTA is reintroducing the SECURE Notarization Act in the current legislative session. The Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2020 (SECURE Notarization Act) would permit immediate…
If you think you are a member of the Title Action Network – think again. You may be one of the 300+ NYSLTA Members whose name has been purged from TAN in…
Pursuant to Executive Order No. 202.96 dated February 26, 2021, and in accordance with powers conferred pursuant to Section 925-a of the Real Property Tax Law, Governor Cuomo has exercised his authority…
In March of 2019, an employee of Residential Mortgage Services, Inc. (“RMS”), a mortgage banker licensed in the State of New York, fell victim to an email phishing attempt. The employee in…
New York City implemented ACRIS in 2004. The ACRIS system enables the public and the Real Property industry to review records from 1966 to date in the Bronx, Kings, New York, and…
This standard exception was held to relieve a title insurer of any obligation to defend a claim by a neighbor claiming adverse possession, by the New York Appellate Division, Second Department,. See Melamed v.…
PUZZLES
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.