New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCE
Chapter IV - Sales And Use And Other Miscellaneous Taxes
Subchapter B - Real Estate Transfer Tax
Part 575 - General Provisions
Section 575.2 - Imposition of tax

Current through Register Vol. 46, No. 12, March 20, 2024

Tax Law, § 1402

The real estate transfer tax is imposed on each conveyance of real property or interest therein, including the conveyance of shares in a cooperative housing corporation, when the consideration exceeds $500.00. The rate of tax is $2.00 for each $500.00, or fractional part thereof, of such consideration or value.

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