Real Property Abstract & Title Services, LLC

A company luncheon to welcome Lauren Shannon to join our venture. Lauren is an experienced examiner who will assist us greatly in providing outstanding service to our community. We are fortunate to have her with us.

Prior to refrigeration, ice harvesting and ice houses were an important Hudson Valley industry. Many structural foundations remain in Margaret Lewis Norrie State Park in Staatsburgh.

2020 is in the books. While a challenging year in many ways, we all came through with our health and appreciation for countless blessings. We have enjoyed additions to our staff and look forward to a better year in 2021. Here's to hoping it is a happy and safe year for all.

Following an annual tradition, albeit limited, we still gather. This year for linner instead of lunch. Our staff and colleagues, some new, some veteran, one old (me), all grateful and all welcoming the promise of a New Year. Happy Holidays to All.

Important information to take into consideration at closing

A beautiful Autumn day to get out and clean our sponsored section of the Dutchess Rail Trail.

Real Property Abstract & Title Services is a proud member of American Land Title Associaton.

Wire fraud is an increasing problem. Vigilance for appropriate cyber security measures is a necessity.

Our firm is a member of the American Land Title Association.

Those of us in real estate related industries are aware of this phenomenon. Scant inventory, will fuel a continued seller's market ...

This migration has been occurring to our region for decades due to the desirability of our area. There have been several occasions that accelerate the process. This will likely be one of those. #HudsonValley

Informative Article discussing the perils to title insurers on the Standing legislation with respect to foreclosures.

As re-posted from ALTA (American Land Title Insurance Association). 03/31/2020 GSEs Issue New Guidance on RON, Powers of Attorney ...Continue reading

Due to COVID-19 circumstances we are not fully staffing our office. We are working remotely and have the full capability to address your title insurance needs for reports, policies, recording, closing attendance and searching (as to the county clerks who maintain on-line and/or public access.) SUGGESTED CLOSING PROCEDURES COVID-19 Closing Procedures: Real Property Abstract & Title Services, LLC recommends the following closing procedures for the safety and welfare of al...l during this National Health Emergency: For closings where you represent the Purchaser: We ask that the Seller’s attorney have their client pre-sign the deed and ancillary documents and forward same to either our office, or to purchaser’s attorney to be held in escrow. We will arrange wire, or overnight checks to the Seller’s attorney’s office upon closing completion. In the spirit of efficiency and to promote accuracy, we encourage communication with our title company in advance to review the report to clear objections and fulfill any closing requirements. Client Identification should be obtained and secured for a later encrypted distribution protecting the sanctity of personal private information. For ALL closings we ask that non signing persons and parties attending be kept to the minimal necessity, to reduce foot traffic and lessen exposure. Recent Executive Order of NYS Governor Andrew Cuomo, has made temporary allowance for Remote Online Notarization (RON). The title insurance underwriters have formulated policies and procedures to accomplish this while steadfastly protecting consumers in the transaction. We will be glad to elaborate the methods available to utilize RON.

An article on a circumstance that is increasing in occurrence. The new legislation requiring notification of newly recorded deeds may help prevent this fraud, this practice reinforces the need for competent title examination and vigilance towards protecting real property assets.

Responsible planning is essential to foster equitable growth that supports residents, business and development without sacrificing the character and qualities that make our city attractive in the first place.

More positive developments about Poughkeepsie. Hopefully it engages all.

New Legislation signed regarding mortgage foreclosures Governor signs law amending RPAPL 1302 Removes lack of standing as defense in foreclosure actions In spite of our optimism following our meeting with the Governor’s staff, the bill A5619/S5160 was signed and chaptered on December 23, 2019 with none of our suggested revisions. (See button below for link to text of the bill.) ... The change in RPAPL 1302 takes effect immediately. Prior to this amendment, pursuant to RPAPL 1302 the plaintiff in a foreclosure action must be the owner and holder of the note and mortgage to have standing to commence an action in foreclosure. The affirmative defense of lack of standing must be made at the time the defendant answers the complaint or this defense shall be deemed waived. With the new amendment, 1302-A, the defense of lack of standing can no longer be waived and can be raised at any time even after the conclusion of the foreclosure action and sale if the defendant defaulted in the foreclosure action. The amendment only applies to home loans as defined in RPAPL 1304(6)(a). As a result of this new amendment, the preservation of the defense (similar to the defense of lack of service), renders the title derived through a foreclosure sale unmarketable; BFP’s will always have the threat of litigation by the foreclosed owner. Consequently, when insuring titles purchased from foreclosure sales, each underwriter will have to determine whether to take on the risk of future litigation. A5619 / S5160

Annual Office Holiday lunch with staff at Aroma with Kendra Bentley, Sandy Duffy, Angeline Taylor McDonough, Michelle Boyle Coughlin, Paul Conrad, Clinton Keeley,

While seldom an issue in our vicinity, it is increasing in occurrence everywhere...