New York Enacts New Fraud Protection Measure for Conveyances of Residential Real Property | Practical Law

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On December 12, 2019, the New York State legislature amended N.Y. Real Prop. ยง 291 to provide that when a conveyance of residential real property is recorded, the county clerk or city registrar must send a notice of the conveyance to the property's owner of record. The clerk or registrar: 
  • Must use the form of notice specified in the amendment. This notice advises the owner of record to:
    • consult counsel if the record owner has questions about the transfer; and 
    • contact law enforcement if the owner suspects a crime.
  • May charge the party seeking to record the conveyance a reasonable fee to cover mailing costs.

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This page contains a single entry by Leonard E. Sienko, Jr. published on March 4, 2020 5:19 PM.

Code Outreach Program - Access to NYS Specific Code Books was the previous entry in this blog.

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