Track LegislationIntroducedIntro
A10147Assembly BillIn Assembly CommitteePending 171d
Prohibit Title Insurance Coverage for Fraudulent Property Sales
In Assembly committee as of Feb 12, 2026Under review by an Assembly committee.
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In CommitteeComm.
Floor VoteFloor
Second Chamber2nd Ch.
Governor's DeskGov.
Signed into LawLaw
✦ Plain-Language Summary
This bill would stop title insurance companies from paying claims when property was transferred through fraud. It aims to reduce incentives for fraudulent real estate transactions by ensuring insurance won't cover losses from these illegal activities. Property buyers would need to be more careful about verifying legitimate ownership before purchase.
Details
- Introduced
- Feb 12, 2026
- Body
- New York State Assembly
- Type
- Assembly Bill
- Status
- In Assembly Committee
Sponsors (1)
Introduced byAmanda SeptimoYour District