The NY State Department of Taxation & Finance has issued a technical bulletin, TSB-M-19(1)R, to explain changes to New York’s real estate transfer taxes, including several new taxes that will apply to conveyances of real property in New York City effective July 1, 2019.
The full bulletin is attached and can downloaded from this page.
The New York State Land Title Association, Inc. advances the common interests of all those engaged in the business of abstracting, examining, insuring titles, and otherwise facilitating real estate transactions. The Association promotes the business
and general welfare of its Members and protects real property title holders’ ownership rights.
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