Nassau’s Rate Increase Implemented Without Notice
It was on Monday, September 28, 2015 that I wrote about Nassau County’s plan to significantly increase the fees they will charge to record land records. We all were alerted as to what the increases would be, but we had no idea when they would become effective.
Yesterday afternoon, I received notice that Nassau County will make these increases effective THIS COMING MONDAY DECEMBER 7, 2015.
What’s the matter? You don’t think that this is sufficient notice? Well, neither does the title insurance community.
I understand that the New York State Land Title Association presented a formal request to have the implementation delayed in order to give everyone enough time to make the appropriate adjustments. As of this writing, there has been no response to that request.
So, starting with the closing today, we will be required to collect these additional fees as I am itemizing below for all closings on property located in Nassau County. I thank you all in advance for your patience in dealing with these unexpected changes.
Tax Map Verification Fee was $75.00 per lot and is increased to $225.00
Recording fees are also increased by $150.00 per lot for each document being recorded in Nassau County.