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New York considers restrictive-covenant language modification
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Legislative Developments
Monday, March 8, 2021
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The New York Assembly is considering a bill that would provide for notice of illegal restrictive-covenant language in documents to be recorded and the recordation of restrictive-covenant modification documents where conveyance instruments include language that violates civil rights laws.
It would further require title companies, abstract companies and escrow companies to include the notice in title abstract reports and inform the purchaser of the availability from the county recorder of restrictive-covenant modification documents. Read on for more details.
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