Department of Assessment Tax Map certification requirement
Summary of the new requirement – ‘Due to the implementation of the Department of Assessment’s Tax Map certification requirement, effective Wednesday, January 14th, 2015, all deeds, mortgages, satisfactions, assignments, consolidations, or any modification of the foregoing, must have their Section, Block and Lot verified with the Department of Assessment prior to presenting the instrument for recording in the Clerk’s office. Instruments presented without the Department of Assessment certification page cannot be accepted for recording.’ (Source: Nassau County)
There will be a charge of $75 per tax map verification letter (“TMVL”) and each document presented for recording will need its own TMVL.
The fee for the TMVL is being waived until March 1, 2015 but the letters must be submitted beginning now.
Documents that are exempt from the $75 fee include Powers of Attorney, Map Filings, Building Loan Agreements, Release of State Tax liens, and UCCs.
TMVL’s can be obtained in one of two ways…
1) Either by going in person to the Department of Assessment or,
2) Online by visiting http://nassaucountyny.gov/1501/Assessment
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Michael Haltman, President of Hallmark Abstract Service, New York.
HAS is a provider of title insurance in New York State for residential and commercial real estate transactions.
And, for anyone either buying a property or refinancing, remember that although your attorney will likely recommend a title insurance provider you always have the right to choose your own title company (click here to learn more)!
If you have any questions you can reach Michael by email at mhaltman@hallmarkabstractllc.com.
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