← All regulatory updates

state_legiscan_drain · NY

Relates to the statute of limitations for certain deed theft actions; revives such actions otherwise barred by the existing statute of limitations and states who may bring such actions; grants trial preference to such actions; directs the chief administrator of the courts to promulgate rules for the timely adjudication of certain revived actions.

April 17, 2025

Summary

If enacted, this bill would extend the statute of limitations for deed theft actions in New York, revive previously time-barred claims, and grant trial preference to such cases. It also directs the court system to promulgate rules for timely adjudication, affecting property owners, title companies, and parties involved in real estate transactions.

Source: https://www.nysenate.gov/legislation/bills/2025/S7491

Common questions

What does "Relates to the statute of limitations for certain deed theft actions; revives such actions otherwise barred by the existing statute of limitations and states who may bring such actions; grants trial preference to such actions; directs the chief administrator of the courts to promulgate rules for the timely adjudication of certain revived actions." cover?
If enacted, this bill would extend the statute of limitations for deed theft actions in New York, revive previously time-barred claims, and grant trial…
When was it published?
It was published on April 17, 2025.

Get the free weekly digest

Every mortgage regulatory change, summarized, in your inbox. No account needed.