New York Passes Home Equity Theft Prevention Act
The legislation was signed into law on July 26, 2006 and will go into effect on February 1, 2007.
For a copy of the New York's Home Equity Theft Prevention Act, click here. (Then, click link for "Laws of New York," then scroll down and click link for "RPP" - Real Property, then click link for "Article 8" - Conveyances and Mortgages, then scroll down and click link for "265-A" - Home equity theft prevention.).
For two examples of the types of cases that led to the passage of the New York law, click here or here.
See 1-12-07 Post For Updated Information On This New Law.
revised 1-12-07
<< Home