Eastern Abstract Corp.

 

NEWS and IMPORTANT ANNOUNCEMENTS

As decisions and changes are made which affect our industry, we will do our best to have them posted here as quickly as possible, so that you are not left at a closing with an outdated form, inaccurate transfer or recording rates or crucial information concerning the validity of checks (for instance). If you have any comments or suggestions, please feel free to send them to: info@easternabstractny.com

Dutchess County Mortgage Recording Tax Change Effective December 1, 2009, Dutchess County will no longer impose the county mortgage recording tax of $.25 per $100.00 secured by the mortgage. Therefore, the rate of mortgage recording taxes imposed on the recording of mortgages on reral property located within Dutchess County will be $1.05 for each $100.00 secured by the mortgage.

Title Application There are many ways to submit a title application: by phone (718/ 654.2000), send all pertinent information via email: Application, or if you would prefer you can download and fill-in this PDF form and fax it to us at: 718/ 654.2221.

Increase in Deed Recording Rates New York State has increased the fees associated with the recording of deeds across the state for all property types. For a list of how this affects downstate counties, please see the Recording Charges page. Basic changes are as follows:
  • Residential: + $50.00
  • Commercial: + $85.00
Revised IT-2663 and IT-2664 - A change in the NYS Tax Code has necessitated a change in the non-NYS resident Capital Gains Tax filing forms for both real property (IT-2663) and co-operative property (IT-2664).

Revised Power of Attorney Form Effective September 1, 2009, the Power of Attorney Form has been revised. Please see the new form for all uses in either PDF format or Word Document format. Also, there is a Major Gifts Rider to the POA: the New York Statutory Major Gifts Rider

Revised NYC HPD Affidavit in Lieu of Registration FormThe Affidavit in Lieu of Registration form has been revised, effective May 3, 2009, pursuant to the requirements of Local Law 56 of 2008. See more details....

Phone - 718/ 654.2000
Fax - 718/ 654.2221
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