assembly Bill A4813

2013-2014 Legislative Session

Provides for a notice of conveyance of real property to be sent to the owners of record of residential real property

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to judiciary
Feb 11, 2013 referred to judiciary

Multi-Sponsors

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A4813 (ACTIVE) - Details

Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Amd ยง291, RP L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3518
2011-2012: A4748
2015-2016: A6685
2017-2018: A1785
2019-2020: A440

A4813 (ACTIVE) - Summary

Provides for a notice of conveyance of real property to be sent to the owners of record of residential real property; provides persons filing for conveyance shall bear the cost of mailing.

A4813 (ACTIVE) - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4813

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 11, 2013
                               ___________

Introduced  by M. of A. PERRY -- Multi-Sponsored by -- M. of A. BENEDET-
  TO, BOYLAND, BROOK-KRASNY,  CLARK,  COLTON,  GALEF,  HIKIND,  KELLNER,
  V. LOPEZ,  MAISEL,  MILLMAN,  ROSENTHAL,  SWEENEY,  TITUS, WEISENBERG,
  WRIGHT -- read once and referred to the Committee on Judiciary

AN ACT to amend the real property law, in relation to notice of sale  or
  transfer of ownership of residential property

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 291 of the real property law, as amended by chapter
447 of the laws of 1984, is amended to read as follows:
  S 291. Recording of conveyances.  A conveyance of real property, with-
in the state, on being duly acknowledged by  the  person  executing  the
same,  or proved as required by this chapter, and such acknowledgment or
proof duly certified when required by this chapter, may be  recorded  in
the  office of the clerk of the county where such real property is situ-
ated, and such county clerk OR CITY REGISTRAR  WHERE  APPLICABLE  shall,
upon  the  request  of any party, on tender of the lawful fees therefor,
record the same in [his] said office.   [Every such  conveyance  not  so
recorded  is  void  as  against any person who subsequently purchases or
acquires by exchange or contracts to purchase or  acquire  by  exchange,
the same real property or any portion thereof, or acquires by assignment
the  rent to accrue therefrom as provided in section two hundred ninety-
four-a of the real property law,  in  good  faith  and  for  a  valuable
consideration,  from  the  same  vendor or assignor, his distributees or
devisees, and whose conveyance, contract or  assignment  is  first  duly
recorded, and is void as against the lien upon the same real property or
any  portion thereof arising from payments made upon the execution of or
pursuant to the terms of a contract with the same vendor, his  distribu-
tees  or  devisees,  if such contract is made in good faith and is first
duly recorded.  Notwithstanding the foregoing, any increase in the prin-
cipal balance of a mortgage lien by virtue of the  addition  thereto  of

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00089-01-3