Is a “deed in escrow,” sometimes referred to as a “deed in a box,” enforceable in New York? While many real estate attorneys believe that it is not, a recent court ruling illustrates that the answer may not be as...more
6/19/2024
/ Bankruptcy Court ,
Borrowers ,
Deeds ,
Default ,
Escrow Holders ,
Foreclosure ,
Lenders ,
Mortgages ,
Property Owners ,
Real Estate Transactions ,
Right of Redemption
New York State has made changes to the State real estate transfer taxes that will apply to conveyances occurring on or after July 1, 2019. The changes generally increase the effective tax rates for certain real estate...more