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Federal Class Action Available for Delay In Recording Mortgage Satisfaction
By By Jonathan Robbin
Because the Second Circuit held that a bare violation of New York’s Mortgage-Satisfaction-Recording Statutes without a demonstration of actual injury conferred federal jurisdiction, a mortgagor now has the ability to bring a class action in federal court.
By NYRE Staff
Tenant Did Not Establish Fraud to Warrant Application of DHCR’s Default Formula
Four-Year Lookback Rule Applied to Rent Determinations But Not to Determination of Rent-Stabilized Status
Tenant’s Impossibility and Frustration of Purpose Defenses Rejected
Tenant’s Frustration of Purpose Claim Survives
Neutral Appraiser Entitled to Examine Previous Appraisals
By NYRE Staff
Exclusion for Zoning Regulations Bars Title Insurance Claim
Transfer of Residential Properties Not a Fraudulent Transfer
Property Owner on Constructive Notice of City’s Relocation Lien
Fraudulent Transfer Finding Upheld
By NYRE Staff
Summary Judgment Premature on Discrimination Claim
Defect In Recording Insufficient to Defeat Mortgage Priority
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