New York S05177 mandates notaries public and commissioners of deeds to create and retain specific documents for residential real property.
New York S05177 requires notaries public and commissioners of deeds to create and maintain detailed notarial records for each residential real property transaction. These records must include the date of the notarial act, the type of document, the identities of signatories, and evidence of the signatories' identities. The notarial records must be delivered to the relevant county or city clerk within fourteen days. The bill also imposes penalties for non-compliance, including fines and the requirement to file an official bond.
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