Category: Abandoned Property

RPAPL 1501(4) and the Mortgagee in Possession Doctrine

Apr 11 2025

By: Jonathan H. Freiberger Today’s article addresses a property owner’s right to cancel a recorded mortgage pursuant to RPAPL 1501(4)[1] and whether a mortgagee is “is entitled to recover sums …

Sep 18 2017

Black’s Law Dictionary has defined “escheat” as “[a] reversion of property to the state in consequence of a want of any individual competent to inherit.” Many people are aware that …

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Category: Abandoned Property

RPAPL 1501(4) and the Mortgagee in Possession Doctrine

Holy Escheat