Clearance Secured to Record Documents in Old Format
Reason for retaining Adam Leitman Bailey, P.C.:
Four deeds and four mortgages were executed, and a policy of title insurance was given insuring each of the four mortgages. An agent of the title insurance company was charged with recording the deeds and mortgages. For an unknown reason, the deeds and mortgages were not recorded. The agent later went out of business, and the original documents were all lost.
Since the deeds were not recorded, the original seller, who was incorrectly still the record owner, could have potentially mortgaged the property. Since the mortgages were not recorded, the insured may have been subjected to claims by lienors with liens actually inferior to the insured’s mortgages.
Result:
Adam Leitman Bailey, P.C. first tracked down the current contact information for all eight parties from which signatures were needed, and after several telephone discussions with each party, Adam Leitman Bailey, P.C. mailed the deeds and mortgages to each party, including specific instructions for re-execution, and ultimately procured all original inked signatures necessary for recordation.
At all times consistent with its unparalleled protocol, Adam Leitman Bailey, P.C. personally appeared at the register’s office to record the documents, and successfully secured authorization from the register to the record the deeds, even though the papers submitted for recordation pre-dated the new identification system since implemented by the Automated City Register Information System (“ACRIS”).
Adam Leitman Bailey, P.C. not only procured signatures from more than eight separate individuals in order to prepare the documents in recordable form, but also, remarkably, secured clearance from the register to record papers in a format that was no longer being accepted by the register for recordation, in order to successfully protect the interests of the insureds.
Jackie Halpern Weinstein appeared at the office of the city register to guarantee successful recordation, with Colin E. Kaufman as managing partner on the claim.