What Is Wire Fraud? – October 6, 2021
There has been a new type of scam taking advantage of homeowners during the closing period and is one of the fastest growing cybercrimes in […]
Bulletins
Eviction Moratorium Bill – September 27, 2021
On September 2, 2021 Governor Hochul signed legislation that extends the Covid-19 Emergency Rental Assistance Program (“CERAP”) eviction and foreclosure protections through January 15, […]
Working Through The Pandemic – September 10, 2021
Even though the pandemic is not over, we at Abstracts, Incorporated thought we could share with you our own experience as to how we dealt […]
TOEPP Policy – August 27, 2021
TIRSA Owner’s Extended Protection Policy: This policy affords protections which provide coverage beyond the standard policy to the owner/occupant purchasers of 1-4 family residential dwellings […]
Current Developments – August 13, 2021
Current Developments is a newsletter provided by First American Title Insurance Company highlighting some of the latest developments in the State of New York which […]
Current Developments – July 9, 2021
Current Developments is a newsletter provided by First American Title Insurance Company highlighting some of the latest developments in the State of New York which […]
New York State Tax Law Section 1404(a) Amended Gross-Up of Transfer Tax on Residential Property Where Purchaser Pays NYS Transfer Tax – July 2, 2021
New York State Tax Law Section 1404(a) has been amended effective as of July 1, 2021. This amendment applies to transactions dated on or after […]
June 11, 2021 | Changes to the POA
In December 2020, by legislation, Governor Andrew Cuomo signed a bill representing the most significant change to the Powers of Attorney (POA) in almost a […]
June 4, 2021 | Revised IT-2663/IT-2664
A revised IT-2663 and IT-2664 has been recently put into effect by the NYS Department of Taxation and Finance. To differentiate from the prior 2021 […]
April 20, 2021 | Title Tuesday: Importance of Underwriters
Recently Abstracts, Incorporated encountered a situation where the search disclosed several open mortgages made by the previous owner of the subject premises. The seller, a […]