On December 2, 2016 Hallmark Abstract President Michael Haltman wrote an article concerning the significant new mortgage recording fees set to be imposed by Suffolk County, New York! In the article Haltman opined that the new fees represented ‘an egregious money grab and as regressive a tax as has been seen in some time! And, by some […]
Update December 7, 2016: The new fee discussed below has been passed by the Suffolk County legislature per the County website… $300.00 per document MORTGAGE VERIFICATION FEE effective January 1, 2017 Suffolk County, New York has announced a new fee that will be required to record certain mortgage and mortgage-related documents! To this observer, this seems to be […]
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 […]
