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First American Title Insurance Company of New York provides to the commercial and residential cooperative markets in New York an insurance product covering the attachment, perfection and priority of Security Interests in Cooperative Interests. This insurance coverage is an effective commercial law alternative to real property land title solutions, conforming to New York's non-uniform amendments to Article 9 of the Uniform Commercial Code.

This broad insurance protection includes:
 
Insuring the Insured Security Interest for effective Attachment, Perfection and Priority
Coverage against competing Liens of Federal and State taxing authorities
Protection against the Debtor not having possessory rights of a proprietary nature in the Cooperative Unit
Protection against subsequent Purchasers taking free of the Insured Security Interest
Coverage against fraud, forgery, identity theft, undue influence and similar matters
Bankruptcy coverage for adversary proceedings challenging the Insured Security Interest
Coverage against competing Liens of Lien Creditors
 

For further information please contact:


MODERN ABSTRACT CORPORATION
or your First American Sales Representative


633 Third Avenue, 17th Floor
New York, NY 10017-6706
(212) 334-1181

FirstAmNY.com | ModernAbstract.com


As with any insurance contract, there are exceptions, exclusions,
and conditions to coverage contained in the policy.