New York State Department of Taxation and Finance sent this bulletin at 01/03/2025 01:21 PM EST

Effective January 1, 2025, the mortgage recording tax imposed on the recording of mortgages on real property located in Chenango, Cortland, and Otsego Counties has changed. For more information, see the following mortgage recording tax rate change notices:

• MT-24-1, Changes to the Mortgage Recording Tax Rates Affecting Chenango County
• MT-24-2, Changes to the Mortgage Recording Tax Rates Affecting Cortland County
• MT-24-3, Changes to the Mortgage Recording Tax Rates Affecting Otsego County

For additional information on mortgage recording tax, visit Mortgage recording tax.

Tax Warrants Now Searchable on the NYS Tax Department Website

New online tool provides easy access to tax warrants and the tax debt owed

The New York State Department of Taxation and Finance today announced the availability of a new search tool on its website to ease access to information about open tax warrants.

By making this already public information more easily accessible, news media, researchers, and others who may be interested now have more efficient access to the latest balances owed by tax debtors.

“We are continually striving to enhance the way in which we interact with taxpayers, the news media, and all New Yorkers,” said Acting Commissioner Amanda Hiller. “This new search tool, which can be used by anyone at any time to access public information, is another step in our effort to improve the taxpayer experience.”

The New York State Tax Warrants search tool is available 24/7 and doesn’t require a log-in or account to access. It’s updated regularly to provide current warrant balances, which was previously unavailable online and could only be obtained through an official request to the Tax Department Public Information Office.

This new search feature provides access to data on open tax warrants only. When a tax debt is paid in full, the warrant is satisfied and no longer accessible using the search tool. For information on a satisfied warrant, visit the New York State Department of State's Tax Warrant Notice System.

The Tax Department files a tax warrant with the appropriate county clerk and the NYS Department of State when a taxpayer with fixed and final tax debt fails to resolve it.

For more information

• Tax warrants
• Audits, bills, and collections
• NYS delinquent taxpayers

Bulletin issued by the Department of Taxation and Finance - April 15, 2020

https://content.govdelivery.com/accounts/NYTAX/bulletins/286aecd

NYS Tax Department issues guidance on the temporary authorization to accept digital signatures

Governor Cuomo has issued an executive order in response to the Coronavirus COVID-19 situation temporarily authorizing the Department of Taxation and Finance (Tax) to accept digital signatures in place of handwritten signatures on documents related to the determination or collection of tax liability.

This notice defines the requirements for Tax’s acceptance of digital signatures and sets forth the types of documents to which digital signatures may be applied.  

To view the guidance issued, visit N-20-3, Temporary Authorization to Use Digital Signatures on Certain Documents Due to the Novel Coronavirus, COVID-19.

For additional information, visit Tax Department response to novel coronavirus (COVID-19).

IMPORTANT NOTE - The content of this post was emailed to NYSLTA Members on October 30, 2019.

That email included an addendum to the TP-584, which was inaccurate.  The file attached to this page is a corrected version and may be used anywhere in NY state, including NY City.

The purpose of this memo is to clarify the impact of the changes to Section 1409(a) of the New York Tax Law, which became effective September 13, 2019.

As you are aware, the new legislation requires the real property transfer tax return (the TP 584 and the TP584-NYC) relating to residential property (containing one- to four-family dwelling units) sold or purchased by a “Limited Liability Company” (LLC) to disclose information on the ownership of such company.

The legislation requires that the TP584 and the TP584-NYC MUST be accompanied by documentation that identifies the names and addresses of all members, managers and other authorized persons of the LLC.

Further, if any member of the LLC is another LLC or other business entity, all shareholders, directors, officers, members, managers, partners and authorized persons of said LLC or business entity must be listed by name and address until “full disclosure of ultimate ownership by natural persons is achieved. 

We realize that in some cases (e.g. a publicly traded corporation) this requirement will be practically impossible to comply with; we have been unofficially advised that we should submit the addendum with a statement that the entity is a publicly traded corporation and that the Clerk’s should accept the deed for recordation.

Therefore,

• If you are recording a deed; AND
• it is for residential real property containing a one- to four- family dwelling unit, AND
• a grantor or a grantee is an LLC

an addendum must be attached to the TP584 or the TP584-NYC identifying the names and addresses of all LLC members.

Although the State has not promulgated an “official” addendum to the TP forms, we attach a link to a form which has been accepted by the County Clerks.

Click the link below for a sample addendum which can be completed and submitted to fulfill the above requirements.

The Department of Taxation & Finance provides some guidance and examples here: https://www.tax.ny.gov/bus/transfer/rptidx.htm#conveyances

The NYSLTA has been actively engaged with the Dept of Taxation & Finance, the County Clerks, and the State, City and County Bar Associations regarding the foregoing.

Additionally, we have reached out to the sponsors of the legislation to provide input when an amendment is under consideration.

Further memos with guidance will be issued by NYSLTA, if and when the New York State Department of Taxation and Finance issues same.

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.