Category Archives: Title Insurance New York

Introducing The Hallmark Abstract Service Title Insurance Video Education Series!

For most of the 12+ years that Hallmark Abstract Service has been providing title insurance for New York State residential and commercial real estate transactions, we have been writing articles and using other means such as social media, to educate the consumer about what is often the unknown ‘commodity’ of title insurance! We have placed ‘commodity’ […]

Law Firm (or any business) Podcasting…Tips For Getting Started!

Why Do Law Firms and Real Estate-related Companies Become Podcasters? There are many critical and important reasons for the effort, although for some just hearing the phrase ‘we’re going to start a podcast’ can create a high degree of anxiety! Why is that? Because being on stage and the center of attention can, for many, be a […]

Real Estate, Federal Spending, Deficits and $1 Trillion!

We’re A Title Insurance Company! Why Is This About Federal Spending? Because All Roads Lead To The Economy, And A Healthy Economy Is Led By The Real Estate Market! Economic strength or weakness is a key factor that helps to dictate the condition of the real estate market. Federal, state and local taxes along with […]

The Hallmark Abstract Service Newsletter, January 28, 2021

In this issue of the Hallmark Abstract Service Newsletter, the firm’s CEO Michael Haltman is interviewed by the CEO of Casandra Properties on the Casandra Properties podcast! In a fast-moving discussion the topics move from real estate in New York, the title insurance a buyer needs to obtain, charity events of different types and the combat […]

In The Real Estate Industry Cybersecurity Is No Longer An Option, It’s An Imperative!

For title insurance companies in New York State, the issue of maintaining a high level of information protection through cybersecurity protocols is nothing new! Back in 2016 the New York State Department of Financial Services (NYSDFS) proposed and then implemented strict regulations ‘which aimed to protect consumers and financial institutions from cyber-attacks by requiring banks, […]

Attorneys (and everyone else) Leveraging LinkedIn!

Lawyer marketing techniques

For attorney’s and law firms in New York State, advertising is perfectly fine as outlined in the New York Rules of Professional Conduct! However, certain additions and disclosures are required to be made! New York Rules of Professional Conduct at Rule 7.1 through Rule 7.5 ‘explain what information is prohibited, what information is permissible, and […]

For Real Estate, New York is a Lien Theory State! What Does That Even Mean? (Video)

Hallmark Abstract NY title insurance

In a lien theory state such as New York, the property buyer/mortgagor continues to hold the deed to the property until the loan is satisfied, or fully paid back to the lender! At that time, a Satisfaction of Mortgage should be recorded. This scenario differs from title theory states in which a Deed of Trust is issued […]

Oy Vey! Is VUI-202012/01 On Its Way From The U.K. To America?

Are Virtual Real Estate Closings (and empty closing tables) in New York On Their Way Back? Summary: New York hopefully never gets there (shutdown) due to the new coronavirus strain in the U.K., but if we do Hallmark Abstract Service is ready! The new even more contagious coronavirus variant may/could result in new shutdowns across New […]

Caveat Emptor When Buying Homeowners Insurance (and Title Insurance too)!

Insurance To Protect Your Home: Educate, Educate, Educate! Whether you currently own a home or will become a homeowner in the near future, more likely than not (and 100% if you have a mortgage) a homeowners insurance policy will be purchased to protect against the damage that can be inflicted by such risks as flood, […]

Conflict of Interest? ‘The Fine Line Between Bank Attorneys and Title Companies’ by Michael Romer, Esq.

Follow Hallmark Abstract Service on social media The Hallmark Abstract Service Approach to New York Title Insurance: To name just two we possess no conflicts of interest (i.e. affiliated business arrangements) and maintain a laser focus on protecting the interests of our real estate purchasing clients! Those two items, among the many other ways we differentiate our […]