New York A02744 requires the Department of Taxation and Finance to create a notification system for county clerks to inform interested parties of.
New York A02744 mandates the Department of Taxation and Finance to establish a system for county clerks to notify interested parties about recorded deed-related or mortgage-related documents affecting their real property interests. Interested parties can register for notifications, which will be sent via first-class mail, email, and/or SMS if contact details are provided. The bill defines "deed-related document" and "mortgage-related document" and specifies that no liability or tax enforcement issues arise from the failure to send or receive such notifications.
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