Escrow & Title
In New York, a 'title rundown' (also known as a 'date-down') is performed to:
AReappraise the property at closing
BUpdate the title search from the original search date to the closing date to identify any new liens, judgments, or encumbrances✓ Correct
CVerify the property's zoning classification
DUpdate the survey
Explanation
A title rundown (date-down) updates the title search to the day of closing to ensure no new liens, judgments, taxes, or other encumbrances have been recorded against the property since the initial title search was completed.
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