Category Archives: Nassau County

Are You An Activist Focused On The Real Estate Industry In New York?

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If not, should you be? The term activist when describing an individual, or activism when describing a group of activists focused on a specific issue, conjures up a variety of mental images! And of course the intensity and ferocity of the images will typically vary depending on the scope of the issue and the emotions […]

Nassau County, New York Is At It Again! New Fee Proposal On The Table To Gouge The Real Estate Industry…Or,

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When is a governmental ‘fee’ nothing more than a regressive tax in disguise? Put another way, how can politicians pull a Flim Flam Florio to raise money while hoping that no one notices? And, remember that these fees are the same whether one is buying a $200,000 property or one costing $10,000,000 or more. You do the […]

Nassau County Real Estate Closing Costs Set to Become New York State’s Highest!

On December 14th it’s likely that Nassau County will approve real estate fee increases making it the most expensive jurisdiction in New York State in terms of closing costs! It’s an unfortunate case of deja vu’ all over again as Suffolk County this week is prepared to do some of the same with mortgage document recording […]

Are Governments Raising Revenue Through Regressive Taxes Disguised As Fees?

  Question: How do government entities, whether federal, state, county or local, raise revenues in ways other than by increasing taxes? Answer: By increasing fees or creating entire new classes of fees. A perfect example of this from the recent past would be the tax map verification letter fee imposed by Nassau County back in early 2015 that was then tripled only […]

New Nassau County, New York Recording Fees (Taxes)

Department of Assessment Tax Map certification requirement Summary of the new requirement – ‘Due to the implementation of the Department of Assessment’s Tax Map certification requirement, effective Wednesday, January 14th, 2015, all deeds, mortgages, satisfactions, assignments, consolidations, or any modification of the foregoing, must have their Section, Block and Lot verified with the Department of […]

Government revenue shortfalls: Blame the weather, the economy or the internet?

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service The snowfall and storms that made for an  extremely tough weather winter in the northeast has also been made the scapegoat and the excuse for all things that point to an economy that may be rolling over! Whether it’s corporate earnings misses or a slowdown in home sales and new construction, […]