NYSLTA Summer 2021 Newsletter – Published August 3, 2021
PRESIDENT'S MESSAGE
As I stated in my 2020 incoming address, the same rings true in 2021–it’s been quite a challenging year.
And with these challenges came a bit of turbulence.
2020-2021 OFFICERS SPOTLIGHT
COMMITTEE UPDATES
We “Stuffed the Bus” with 350 backpacks! Thank you to all members, friends and family who have helped make the school supply drive successful. The backpacks will be distributed through the Salvation…
The NYSLTA Education Committee offered six webinars in 2021 with more than 250 attendees and awarded six CLE credits and nine CE credits. Topics included: When Tax, Trusts & Title Collide Claims…
As the 2021 legislative session comes to an end, I want to thank my Vice-Chair Toni Carlos and all the other members of the Legislative Committee for going above and beyond over…
A Mentee Perspective: Past Present and Passion Stacey Reardon Class of 2021 I was granted the opportunity to participate in the first installation of the New York State Land Title Association’s Professional…
Thank you to all members, friends and family who have helped make the school supply drive successful. The backpacks will be distributed through the Salvation Army programs in the metro New York…
CONVENTION UPDATE
INDUSTRY UPDATES
SECURE Notarization Act Introduced in the House Reps. Madeleine Dean (D-PA) and Kelly Armstrong (R-ND) introduced H.R. 3962, the Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act of 2021.…
The DFS has proposed a regulation that changes the continuing education requirements for licensed title agents. The proposed action is an amendment of Part 20 of Title 11 NYCRR. The proposed rule…
A History of Real Estate Fraud in 8 Scandals Insurance Litigation Update – June 2021 Debtor May Avoid County Tax Foreclosure Sale Sand and Gravel Mine Expansion/Zoning Law: New York Appellate Court…
U.S. Court of Appeals for the Second Circuit Finds Standing for Homeowners in Suit Over Bank Delays in Recording a Mortgage Satisfaction The U.S. Court of Appeals for the Second Circuit (the…
Submitted by: Jean Partridge, Chief Counsel & Managing Member BENCHMARK TITLE AGENCY, LLC
Earlier this year, the NYSLTA (the “Association”) formally ratified revisions to the Association’s Recommended Practices (the “RPs”) proposed to it by the Association’s standing Law Committee. These revisions were the culmination of…
Sullivan County Occupancy Tax – Failure by a hotel owner to pay Room Tax on rentals results in a Warrant filed with the Sullivan County Clerk as a judgement. Section 182-36 of Sullivan…
Even the most prudent lay person or attorney in private practice cannot inspect and discover each and every title defect that might affect the property. In order to protect against the risk…
TRID information contained in the link revisits the title insurance premium disclosure rule and how some Creditors have ignored this requirement while opting for Consumer friendly CD’s over Compliance and the CFPB.…
MILESTONES
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.