New York § 427 Compensation from assurance fund

New York Statutes

§ 427 — Compensation from assurance fund

New York § 427

Law RPPReal Property

Art. 12Registering Title to Real Property

This text of New York § 427 (Compensation from assurance fund) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Real Property § 427 (2026).

Text

  § 427. Compensation from assurance fund. Any person who, without\nnegligence on his part, sustains loss or damage or is deprived of real\nproperty, or of any estate, right or interest therein because of the\nregistration of another person as owner of such property, or of any\nestate, right, or interest therein, through fraud, or in consequence of\nany error, omission, mistake or misdescription in any certificate of\ntitle or in any entry of or memorial in the title book, shall have a\ncause of action against the county treasurer (in New York city the\ncommissioner of finance) to recover compensation for such loss or\ndamage.\n

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§ 427. Compensation from assurance fund. Any person who, without\nnegligence on his part, sustains loss or damage or is deprived of real\nproperty, or of any estate, right or interest therein because of the\nregistration of another person as owner of such property, or of any\nestate, right, or interest therein, through fraud, or in consequence of\nany error, omission, mistake or misdescription in any certificate of\ntitle or in any entry of or memorial in the title book, shall have a\ncause of action against the county treasurer (in New York city the\ncommissioner of finance) to recover compensation for such loss or\ndamage.\n