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A10441 Summary:

BILL NOA10441
 
SAME ASSAME AS S00398
 
SPONSORHyndman
 
COSPNSR
 
MLTSPNSR
 
Add §137-a, Exec L
 
Specifies additional duties of notaries with respect to instruments conveying residential real property; requires a specific colloquy to determine that the principal understands the conveyance.
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A10441 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10441
 
                   IN ASSEMBLY
 
                                      March 6, 2026
                                       ___________
 
        Introduced  by M. of A. HYNDMAN -- read once and referred to the Commit-
          tee on Judiciary
 
        AN ACT to amend the executive law, in relation  to  duties  of  notaries
          with respect to instruments conveying residential real property
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. The executive law is amended by adding a new section  137-a
     2  to read as follows:
     3    §  137-a.  Duties  of  notaries  with respect to instruments conveying
     4  residential real property. Regarding instruments that convey residential
     5  real property situated in this state, in accordance with the definitions
     6  in section one hundred thirty-five-c of this article,  a  notary  public
     7  must:
     8    1.  Maintain a journal of each notarization performed where there is a
     9  conveyance of residential real property, which  upon  demand,  shall  be
    10  subject to inspection by the secretary of state. The journal required by
    11  this  subdivision  shall be maintained by each notary public for as long
    12  as such notary public remains in office and then for an additional  five
    13  years thereafter. Each journal entry shall:
    14    (a)  be  made  contemporaneously  with the performance of the notarial
    15  act;
    16    (b) indicate the location, date and time of the notarial act;
    17    (c) indicate the character of the instrument;
    18    (d) indicate the full name and address of the principal;
    19    (e) if a remote notarization, indicate the technology used to  perform
    20  such remote notarization;
    21    (f) indicate if there were any other notarial services provided by the
    22  same notary public to the same principal on the same day and if so, list
    23  all other documents notarized by title or type of document;
    24    (g) indicate the type of credential used to identify the principal and
    25  maintain in their records a copy of such credential;
    26    (h) indicate the amount of any fee charged; and
    27    (i)  have  the  principal signing the instrument place an inked thumb-
    28  print into the journal.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01560-01-5

        A. 10441                            2
 
     1    2. Perform a colloquy with the principal,  in  the  written  form  set
     2  forth in paragraph (f) of this subdivision.
     3    (a)  If  a notary public is not satisfied that the principal is compe-
     4  tent to acknowledge the conveyance of real property, the  notary  public
     5  may refuse to certify such acknowledgement.
     6    (b) The colloquy form must be signed and certified by both the princi-
     7  pal  and  notary public. If an interpreter is used for the colloquy, the
     8  interpreter must also sign and certify that a true and correct interpre-
     9  tation was made to the principal and specify the language used.
    10    (c) The principal must initial next to each question in  the  colloquy
    11  form.
    12    (d) The colloquy form shall be maintained by each notary public for as
    13  long  as such notary public remains in office and then for an additional
    14  five years thereafter.
    15    (e) Any conveyance of residential real property that does  not  comply
    16  with this subdivision shall be deemed void.
    17    (f)  The colloquy form is to be read by the notary public to the prin-
    18  cipal as follows:
 
    19                COLLOQUY FORM FOR CONVEYANCE OF REAL PROPERTY
    20    1. "Do you speak and understand English?"
    21        {If no, an interpreter must be present and interpreter must sign a
    22        certification}
    23    2. "A deed is an important legal document that transfers the title  or
    24        ownership  to  property  from  one owner to another. Do you under-
    25        stand?"
    26        Circle: Yes/No? Grantor to Initial _____
    27    3. "You are currently {an/the}  owner  of  {state  property  address}?
    28        Circle: Yes/No? Grantor to Initial____
    29    4.  "You  are about to sign a deed that will transfer your interest or
    30        ownership of the title of  {state  property  address}  to  another
    31        person  or  entity.  This  means you are selling your home. Do you
    32        understand?"
    33        Yes/No? Grantor to Initial
    34    5. "What has been promised to you in exchange for  your  signature  on
    35        this deed"?
    36        {Notary public to record whatever the answer is}
    37    6.  "Has  anyone  threatened you, forced you, or pressured you to sign
    38        this deed?"
    39        Circle: Yes/No? Grantor to Initial___
    40    7. "Are you signing this deed of your own free will?"
    41        Circle: Yes/No? Grantor to Initial___
    42    8. "Do you wish to sign this deed"
    43        Circle: Yes/No? Grantor to Initial___
    44            I, ________________________, certify that I am knowingly and
    45               {principal name printed}
    46          voluntarily signing this colloquy form.
 
    47                                        ____________________
    48                                            {signature}
 
    49            I, _______________________, certify that I believe the principal
    50             {notary public name printed}
    51          is knowingly and voluntarily signing this colloquy form.
    52                                        ____________________
    53                                            {signature}

        A. 10441                            3
 
     1          If language interpretation provided:

     2            I, __________________________, certify that a true and correct
     3               {Interpreter name printed}
     4          interpretation of this form was made in ______________________ to
     5                                                  {language interpreted}
     6          _____________________.
     7              {individual}
 
     8                                        ____________________
     9                                            {signature}
 
    10    3.  The  secretary  of  state  shall set forth a program for educating
    11  notaries on the provisions of this section. A notary public who has  not
    12  completed the educational program is unqualified to certify any acknowl-
    13  edgement  of  a conveyance of residential real property situated in this
    14  state and any such instrument conveying such real property by the notary
    15  public is voidable.
    16    § 2. This act shall take effect on the one hundred eightieth day after
    17  it shall have become a law.
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