The Home Equity Theft Prevention Act (HETPA, NY RPL 265-a) is a New York State law passed on July 26, 2006, to provide homeowners of residential property with information and disclosures in order. A contract is covered if it is either (i) currently in foreclosure or on a tax lien sale list; or (ii) the owner is in default.
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Article 8 – (Real Property) CONVEYANCES AND MORTGAGES. (d) The intent and purposes of this section are to provide a homeowner with information. transfer of his or her home to an equity purchaser; to require that the sales agreement. (ii) by a deed from a referee in a foreclosure sale conducted pursuant to article.
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