File #: Int 1919-2020    Version: Name: Notification of recording of real estate instruments.
Type: Introduction Status: Enacted
Committee: Committee on Finance
On agenda: 4/22/2020
Enactment date: 11/21/2021 Law number: 2021/136
Title: A Local Law to amend the administrative code of the city of New York, in relation to the notification of recording of real estate instruments
Sponsors: Daniel Dromm , Ben Kallos, James G. Van Bramer, Margaret S. Chin, Kalman Yeger , I. Daneek Miller, Farah N. Louis
Council Member Sponsors: 7
Summary: This local law would require the Department of Finance to include certain information about what to do if a recipient of a notice pursuant to the Notice of Recorded Document Program suspects that the document recording that was the subject of the notification was fraudulent. At a minimum, such information must include information about whom to contact for assistance, to file a complaint or to report an alleged criminal violation. The local law would also change the reporting requirements from quarterly to annual.
Indexes: Report Required
Attachments: 1. Summary of Int. No. 1919-A, 2. Summary of Int. No. 1919, 3. Int. No. 1919, 4. April 22, 2020 - Stated Meeting Agenda with Links to Files, 5. Hearing Transcript - Stated Meeting 4-22-20, 6. Minutes of the Stated Meeting - April 22, 2020, 7. Committee Report 10/13/20, 8. Hearing Testimony 10/13/20, 9. Hearing Transcript 10/13/20, 10. Proposed Int. No. 1919-A - 10/19/21, 11. Committee Report 10/21/21, 12. Hearing Transcript 10/21/21, 13. October 21, 2021 - Stated Meeting Agenda with Links to Files, 14. Hearing Transcript - Stated Meeting 10-21-21, 15. Minutes of the Stated Meeting - October 21, 2021, 16. Int. No. 1919-A (FINAL), 17. Fiscal Impact Statement, 18. Legislative Documents - Letter to the Mayor, 19. Local Law 136
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
11/22/2021ADaniel Dromm City Council Returned Unsigned by Mayor  Action details Meeting details Not available
11/21/2021ADaniel Dromm Administration City Charter Rule Adopted  Action details Meeting details Not available
10/21/2021ADaniel Dromm City Council Sent to Mayor by Council  Action details Meeting details Not available
10/21/2021ADaniel Dromm City Council Approved by CouncilPass Action details Meeting details Not available
10/21/2021*Daniel Dromm Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
10/21/2021*Daniel Dromm Committee on Finance Amendment Proposed by Comm  Action details Meeting details Not available
10/21/2021*Daniel Dromm Committee on Finance Amended by Committee  Action details Meeting details Not available
10/21/2021ADaniel Dromm Committee on Finance Approved by CommitteePass Action details Meeting details Not available
10/13/2020*Daniel Dromm Committee on Housing and Buildings Laid Over by Committee  Action details Meeting details Not available
10/13/2020*Daniel Dromm Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
10/13/2020*Daniel Dromm Committee on Finance Laid Over by Committee  Action details Meeting details Not available
10/13/2020*Daniel Dromm Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
4/22/2020*Daniel Dromm City Council Referred to Comm by Council  Action details Meeting details Not available
4/22/2020*Daniel Dromm City Council Introduced by Council  Action details Meeting details Not available

Int. No. 1919-A

 

By Council Members Dromm, Kallos, Van Bramer, Chin, Yeger, Miller and Louis

 

A Local Law to amend the administrative code of the city of New York, in relation to the notification of recording of real estate instruments

 

Be it enacted by the Council as follows:

 

Section 1. Subdivision b of section 7-628 of the administrative code of the city of New York, as added by local law number 249 for the year 2017, is amended to read as follows:

b. The department shall establish and maintain a system that provides any interested party a notification by e-mail, text message, or postal mail, that a deed-related or mortgage-related document affecting such party's interest in real property located in the city has been recorded against such property with the city register or the office of the Richmond county clerk, provided that the department has received notice of such recording from the office of the Richmond county clerk. Such notification shall include information on actions such interested party could take if such interested party suspects that a fraudulent document has been recorded, including but not limited to, information about whom to contact for assistance, filing a complaint or reporting an alleged criminal violation. The department shall not charge a fee for use of such notification system.

§ 2. The opening paragraph of subdivision e of section 7-628 of the administrative code of the city of New York, as added by local law number 249 for the year 2017, is amended to read as follows:

e. The department shall report on [a quarterly] an annual basis on the notification system established pursuant to subdivision b of this section, and shall include data for Richmond county to the extent that the department has received data from the office of the Richmond county clerk. Such report shall be submitted to the council and published on the department's website no later than the first day of [February, May, August, and] November of each year[, with the first report due November 1, 2018]. Such report shall include, but not be limited to, the following information for the prior [quarter] year, disaggregated by borough:

§ 3. This local law takes effect immediately, except that section one of this local law takes effect 60 days after it becomes law.

 

RKC

LS #13566

10/13/2021