Bulletin: NY000216

Date:
October 30, 2003
To:
All New York State Office Counsel, Managers and Agents
RE:
Tax Lien Certificates - Buffalo, Syracuse, Binghamton & Plattsburg

Dear Associates:

This is a supplement to Bulletin NY000214 . The New York Municipal Bond Bank Agency (MBBA) has provided us with additional information regarding the recordation of the various tax certificates, which they have purchased.

In Erie County there exists two tax liens certificates, one from the City of Buffalo and the other from the Buffalo Sewer Authority. The certificate from the City of Buffalo was recorded in Liber 11058 of Deeds at Page 92 on October 1, 2003. The certificate from the Buffalo Sewer Authority was recorded in Liber 11058 of Deeds at Page 1 on October 1, 2003. The Erie County clerk has created a new search field for these documents, which appears as item seven on the computer search screen. Please note that the certificate is searchable only by SBL number.

In Onondaga County, the certificate was recorded on October 3, 2003 in Book 220 of Miscellaneous Records at Page 87. The Onondaga County Clerk is in the process of constructing a searchable database for the certificates. The City of Syracuse has sold not only delinquent City taxes, but also delinquent County taxes; despite the fact that the County of Onondaga is not participating in the program. The City Treasurer has stated that all city tax searches given out by their office will show that the tax lien has been sold.

In Clinton County, the certificate was recorded on October 3, 2003 in Book 19 of Tax Sales at Page 15; the certificates should be searchable by owner's name.

In Broome County, the certificate was recorded on October 1, 2003, however the recording information is not yet available.

Further information will be provided as it becomes available. Should you have any questions or concerns regarding a recent or upcoming tax search in one of the above mentioned counties feel free to contact your local Stewart Title Insurance Company Office.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER  AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.

References

Bulletins Replaced:
None
Related Bulletins:
NY000214 Tax Lien Certificates - Buffalo, Syracuse, Binghamton & Plattsburg
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None