New York S04703 mandates that recording officers refuse to record or accept transfers or assignments of mortgage interests unless accompanied by a.

New York S04703 amends the real property law to require recording officers to refuse recording or accepting transfers or assignments of mortgage interests made by non-natural persons unless they are accompanied by a mortgage ownership assignment document. This document must be in a prescribed form and include specific details such as the date the mortgage or assignment was acknowledged or proved, and the authorized representative of the mortgagee or assignee.

New York S04703 mandates that recording officers refuse to record or accept transfers or assignments of mortgage interests unless accompanied by a.

New York S04703 amends the real property law to require recording officers to refuse recording or accepting transfers or assignments of mortgage interests made by non-natural persons unless they are accompanied by a mortgage ownership assignment document. This document must be in a prescribed form and include specific details such as the date the mortgage or assignment was acknowledged or proved, and the authorized representative of the mortgagee or assignee.