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Madison Abstract
Madison Direct
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Madison Toolbox
670 White Plains Road
Scarsdale, NY 10583

Tel: (914) 725-7200
Fax: (914) 725-7724
info@madisonabstract.com
July 29, 2010
Madison Abstract employs a knowledgeable, dedicated and accessible group of individuals, all of whom have spent significant years in the real estate, legal and title insurance businesses. They understand the needs of real estate attorneys and other industry personnel, and are equipped to serve you confidently and competently. Please see below for a list of employees. Please see below for a list of employees. Click the 'Bio' icon to view selected biographies.
Executive Management
Jeffrey K. Hass, Esq., President & CEO, & Director
jhass@madisonabstract.com
Frank Tauches, Jr., Esq., Executive Vice President & Director
ftauches@americanportfolios.com
William A. Cryan, Vice President & CIO
wcryan@madisonabstract.com		  
Officers
Barrie Allen, Comptroller
ballen@madisonabstract.com
Michael Karger, Vice President, Sales
mkarger@madisonabstract.com
Tricia Reyes, Vice President, Production
treyes@madisonabstract.com
Richard Rothschild, Vice President, Sales
rrothsch@optonline.net
Laura Terrents-Mastrandrea, Vice President, Production
lmastrandrea@madisonabstract.com
Deborah Zinn, Vice President, Underwriting
dzinn@madisonabstract.com
Staff
Lorena Cools, Recording Manager
lcools@madisonabstract.com
Henry DeCora, Sales Representative
hdecora@madisonabstract.com
Cindy Dhanpat, Production
cdhanpat@madisonabstract.com
Andrew Friedman, J.D., Counsel/Underwriting
afriedman@madisonabstract.com
Fran Heyman, Escrow Manager
fheyman@madisonabstract.com
Gina Jacopino, Accounting Manager
gjacopino@madisonabstract.com
Denise Lucas, Recording
dlucas@madisonabstract.com
Denise Matthews, Production
dmatthews@madisonabstract.com
Leisa Premdas, Director, Communications & Events
lpremdas@madisonabstract.com
Felicia Porter, Production
fporter@madisonabstract.com
Daniel Ronan, J.D., Counsel
dsronan119@aol.com

Amy Sprock, Escrow
asprock@madisonabstract.com
Madison Abstractions
Top Deals
$2.5M purchase of a Bronx apartment building

$2.0M purchase of a manhattan condo

$1.8M purchase of a Nassau residence
Tip of the Month
A religious corporation cannot sell, mortgage or lease for a term exceeding five years, any of its real property without applying for and obtaining leave of the Court. A court order is also necessary for mortgages with terms less than five years. Religious entities are subject to the same Not-for-Profit laws as not-for-profit corporations so in addition to court approval, the consent of two-thirds of the directors to the sale must be obtained. Strict compliance with the order approving the transaction is required, so if there is an amendment to the terms of the mortgage, the court order must also be amended. Since not-for-profit corporations are exempt from paying a transfer tax, the purchasers of said properties may have to pay the transfer tax by default.