Legal Opinion

Opn. No.

New York Attorney General Reports

Decided April 5, 2001Published

1Opinion of the Court

Alfred Samenga, Esq. Informal Opinion County Attorney No. 2001-2 County of Nassau Ralph G. Caso Executive Legislative Building One West Street Mineola, N Y 11501-4820

Dear Mr. Samenga:

You have advised that Mortgage Electronic Recording Systems, Inc. ("MERS"), in its capacity as nominee, has been submitting mortgages to the Nassau County Clerk for purposes of recording. You further indicate that MERS has no legal interest in the mortgages it submits. Your inquiries are:

1. What are the potential consequences of MERS' use of the following language inserted in a mortgage: "FOR PURPOSES FOR…

2Cases cited6 opinions

  1. People v. FinneganNew York Court of Appeals · 1995
  2. Andy Associates, Inc. v. Bankers Trust Co.New York Court of Appeals · 1979
  3. People ex rel. Harris v. SullivanNew York Court of Appeals · 1989
  4. Baccari v. De SantiAppellate Division of the Supreme Court of the State of New York · 1979
  5. Federal National Mortgage Ass'n v. Levine-RodriguezNew York Supreme Court · 1991

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