assembly Bill A1785

2017-2018 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 - On Floor Calendar


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

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 03, 2018 ordered to third reading cal.134
Feb 23, 2017 advanced to third reading cal.70
Feb 14, 2017 reported
Jan 13, 2017 referred to judiciary

Co-Sponsors

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Multi-Sponsors

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A1785 (ACTIVE) - Details

See Senate Version of this Bill:
S2966
Law Section:
Real Property Law
Laws Affected:
Amd §291, RP L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3518
2011-2012: A4748
2013-2014: A4813
2015-2016: A6685, S7955
2019-2020: A440

A1785 (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.

A1785 (ACTIVE) - Bill Text download pdf


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

                                  1785

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                            January 13, 2017
                               ___________

Introduced  by M. of A. PERRY -- Multi-Sponsored by -- M. of A. BENEDET-
  TO, COLTON, GALEF, HIKIND, ROSENTHAL, TITUS -- 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:
  § 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] THIS ARTICLE, in good faith and for a
valuable consideration, from the same vendor or assignor, his  distribu-
tees  or devisees, and whose conveyance, contract or assignment is first
duly recorded, and is void as against the lien upon the same real  prop-
erty  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  distributees or devisees, if such contract is made in good
faith and is first duly recorded.   Notwithstanding the  foregoing,  any
increase  in  the  principal balance of a mortgage lien by virtue of the
addition thereto of unpaid interest in accordance with the terms of  the

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