Bill

Bill > S05688


NY S05688

NY S05688
Requires notaries public and commissioners of deeds to complete and retain certain documents relating to the transfer of residential real property; relates to forgery and offering a false document concerning residential real property.


summary

Introduced
03/13/2023
In Committee
05/28/2024
Crossed Over
05/28/2024
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the executive law, in relation to the requirements for notaries public and commissioners of deeds relating to certain instruments affecting real property; and to amend the penal law, in relation to forgery and the offering of false documents concerning residential real property

AI Summary

This bill amends the Executive Law and Penal Law to require notaries public and commissioners of deeds to create and maintain detailed records for notarial acts related to the transfer of residential real property. The bill also introduces new crimes of "Forgery in the First Degree" and "Offering a False Instrument for Filing in the First/Second Degree" related to documents affecting residential real property. These new provisions aim to increase transparency and address issues of forgery and false filings in residential real estate transactions.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (1)

Last Action

referred to codes (on 05/28/2024)

bill text


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