Miscellaneous updates:

27 Jun

1.  The NY State Banking department issued a General Industry Letter setting forth its opinion that Real Property Law Section 265-a (Home Equity Theft Prevention) does not apply to deeds in lieu of foreclosure.  The letter is posted at www.banking.state.ny.us/il110510.htm

2.  In an action claiming title to certain real property by adverse possession, the Westchester County Supreme Court dismissed that part of the complaint alleging adverse possession based on the installation of driveway lights, the planting of foliage and shrubbery, landscaping and lawn  maintenance.  This ruling was affirmed by the Appellate Division, Second Division


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