New York Tax Law Article 31-D - TAX ON REAL ESTATE TRANSFERS IN TOWNS IN THE PECONIC BAY REGION

• 1449-Aa - Definitions.
  * When used in this article, unless otherwise expressly stated, the following words and terms shall have the following meanings: 1. "Person" means an individual,...
• 1449-Bb - Imposition of Tax.
  * Notwithstanding any other provisions of law to the contrary, any town in the Peconic Bay region, acting through its town board, is hereby authorized...
• 1449-Cc - Payment of Tax.
  * 1. The real estate transfer tax imposed pursuant to this article shall be paid to the treasurer or the recording officer acting as the...
• 1449-Dd - Liability for Tax.
  * 1. The real estate transfer tax shall be paid by the grantee. If the grantee has failed to pay the tax imposed pursuant to...
• 1449-Ee - Exemptions.
  * 1. The following shall be exempt from the payment of the real estate transfer tax: (a) The state of New York, or any of...
• 1449-Ff - Credit.
  * A grantee shall be allowed a credit against the tax due on a conveyance of real property to the extent tax was paid by...
• 1449-Gg - Cooperative Housing Corporation Transfers.
  * 1. Notwithstanding the definition of "controlling interest" contained in subdivision two of section fourteen hundred forty-nine-aa of this article or anything to the contrary...
• 1449-Hh - Designation of Agents.
  * The treasurer is authorized to designate the recording officer to act as his or her agent for purposes of collecting the tax authorized by...
• 1449-Ii - Liability of Recording Officer.
  * A recording officer shall not be liable for any inaccuracy in the amount of tax imposed pursuant to this article that he or she...
• 1449-Jj - Refunds.
  * Whenever the treasurer shall determine that any moneys received under the provisions of the local law enacted pursuant to this article were paid in...
• 1449-Kk - Deposit and Disposition of Revenue.
  * 1. All taxes, penalties and interest imposed by the town under the authority of section fourteen hundred forty-nine-bb of this article, which are collected...
• 1449-Ll - Judicial Review.
  * 1. Any final determination of the amount of any tax payable under section fourteen hundred forty-nine-cc of this article shall be reviewable for error,...
• 1449-Mm - Apportionment.
  * A local law adopted by any town in the Peconic Bay region, pursuant to this article, shall provide for a method of apportionment for...
• 1449-Nn - Miscellaneous.
  * 1. A local law adopted by any town in the Peconic Bay region, pursuant to this article, may contain such other provisions as the...
• 1449-Oo - Returns to Be Secret.
  * 1. Except in accordance with proper judicial order or as otherwise provided by law, it shall be unlawful for the treasurer or any officer...
• 1449-Pp - Foreclosure Proceedings.
  * Where the conveyance consists of a transfer of property made as a result of an order of the court in a foreclosure proceeding ordering...

Last modified: February 3, 2019