As New York attorney general, Andrew M. Cuomo unsuccessfully went after title agencies that performed settlement services, arguing that the exercise amounted to the unauthorized practice of law. As governor, he’s now taking aim at inducements some title agencies use to lure business from attorneys and real estate professionals.
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New York targets ‘unscrupulous’ title practices
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Industry News
Tuesday, May 2, 2017
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As New York attorney general, Andrew M. Cuomo unsuccessfully went after title agencies that performed settlement services, arguing that the exercise amounted to the unauthorized practice of law.
As governor, he’s now taking aim at inducements some title agencies use to lure business from attorneys and real estate professionals. The governor said these costs ultimately are passed along to unsuspecting consumers.
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