Fillable Printable Subsequent Purchaser/Mortgagee Affidavit - New York

Subsequent Purchaser/Mortgagee Affidavit - New York

THEJUDICIALTITLEINSURANCEAGENCYLLC

AFFIDAVITINCONNECTIONWITHREALPROPERTYLAW§265-a

HomeEquityTheftProtectionAct

(SubsequentPurchaser/MortgageeAffidavit)

StateofNewYork}

Countyof___________}

___________________________________________,beingdulysworndoesdeposeandsay;

1.I/wereside(s)at___________________________________________________________.

2.Iamthepurchaser/mortgageeoftherealpropertyknown__________________________

_____________________________________________________________("RealProperty”).

3.I/weare/amacquiringtheRealPropertyfrom__________________________(the“Seller”).

4.Inregardtotheprovisionsofsection265-aoftheRealPropertyLaw(theHomeEquityTheft

ProtectionAct)Iherebycertifyanddeclarethatyourdeponent,actingingoodfaithandforvaluable

consideration,theI/we

(STRIKEOUTSTATEMENTSTHATDON'TAPPLY)

a.am/wereabonafidepurchaser,whoacquiredtheresidentialRealPropertyfromtheEquity

Purchaser,or

b.providedtheEquityPurchaserwithamortgage,or

c.providedasubsequentpurchaserfromtheEquityPurchaserwithamortgageontheReal

Property.

Thatyourdeponenthasnoactualnoticeofcontinuingrightto,orequityin,thepropertybytheEquity

Seller’spriortotheacquisitionoftitleormortgage,orofanyviolationof§265-abytheEquityPurchaser

asrelatedtothesubjectpropertywhichisbasedupon

a.suchEquitySeller’sbeingindefaultinpaymentofinstallmentsofinterestdueonanymortgage

fortwomonthsormore,or

b.thecommencementofaForeclosureofamortgageagainsttheEquitySellerandthereal

propertyorthattheRealPropertyappearedonaTaxLienSaleList.

c.thefailureofthecontractwiththeEquitySellertocomplywithanyrequirementoftheHome

EquityTheftProtectionActortoprovidetheEquitySellerwithanyNoticeorrightofredemption

permittedunderthesaidAct

atthetimetheRealPropertywastransferredtoormortgagedbytheEquitySellerorapurchaserfromthe

EquityPurchaser.

I/wegivethisaffidavitknowingthatTheJudicialTitleInsuranceAgencyLLCwillrelyuponthetruthof

thestatementsmadeabove.

__________________

Swornandsubscribedtobeforeme

this____dayof__________,20____

_____________________________

NotaryPublic-SignandAffixStamp