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NY A10173

Bill

Status

Introduced

2/12/2026

Primary Sponsor

Amanda Septimo

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Requires property sellers to submit proof of the full sales price when recording a deed, with acceptable proof including canceled checks, mortgage satisfaction documents, or seller affidavits with itemized lists of property received

  • Amends New York Real Property Law Section 333 to add documentation requirements for real property conveyances

  • Makes omission or erroneous reporting of sales price and proof a basis for impairing or invalidating title, unlike other recording requirement errors which do not affect title validity

  • Takes effect 90 days after becoming law

  • Officially titled the "Deed Theft: Proof of Sale Price Act," targeting fraudulent property transfers

Legislative Description

Enacts the "deed theft: proof of sale price act" requiring a statement of the full sales price of real property being conveyed and proof of such sales price to be submitted to the recording officer in order for such officer to record or accept for recording the conveyance of real property.

Last Action

referred to judiciary

2/12/2026

Committee Referrals

Judiciary2/12/2026

Full Bill Text

No bill text available