Assembly Bill A2626

2013-2014 Legislative Session

Requires certain information to be provided on a real property transfer form

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-A2626 (ACTIVE) - Details

See Senate Version of this Bill:
S1268
Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Amd §333, RP L
Versions Introduced in Other Legislative Sessions:
2009-2010: A8046, S5062
2011-2012: A5902, S1409
2015-2016: A5600
2017-2018: A4136

2013-A2626 (ACTIVE) - Summary

Requires certain information to be provided on a real property transfer form; requires limited liability companies to provide certain information when purchasing real property.

2013-A2626 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2626

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 17, 2013
                               ___________

Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
  tee on Judiciary

AN  ACT to amend the real property law, in relation to clarifying infor-
  mation collected on a real property transfer form

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subparagraphs 7 and 8 of paragraph ii of subdivision 1-e of
section  333 of the real property law, as amended by section 1 of part B
of chapter 57 of the laws of 2004, are amended and two new subparagraphs
9 and 10 are added to read as follows:
  (7) in the event the parcel conveyed by such deed is a portion of  the
parcel  owned  by  the transferor or transferors, a statement indicating
whether the city, town or village in which such property is situated has
a planning board or other  entity  empowered  to  approve  subdivisions;
[and]
  (8)  in  the event such planning board or other entity is empowered to
approve subdivisions, a statement indicating whether the parcel conveyed
by such deed is (a) not subject to such subdivision approval or (b) such
subdivision has been approved by the respective city,  town  or  village
planning board or other entity empowered to approve subdivisions[.];
  (9)  IN  THE  EVENT THAT THE PURCHASER IS (A) AN INDIVIDUAL, A LIMITED
LIABILITY COMPANY, SOCIETY, ASSOCIATION,  JOINT  STOCK  COMPANY,  CORPO-
RATION,  ESTATE,  RECEIVER,  TRUSTEE,  ASSIGNEE,  REFEREE,  OR ANY OTHER
PERSON ACTING IN A  FIDUCIARY  CAPACITY,  AND  (B)  THE  PROPERTY  BEING
PURCHASED  IS  LOCATED  IN THIS STATE, THE NAME AND PLACE OF BUSINESS OF
THE COMPANY, SOCIETY, ASSOCIATION,  JOINT  STOCK  COMPANY,  CORPORATION,
ESTATE, RECEIVER, TRUSTEE, ASSIGNEE, REFEREE, OR ANY OTHER PERSON ACTING
IN  A  FIDUCIARY  CAPACITY,  THE  NAME OF A RESPONSIBLE PARTY WHO HAS AN
INTEREST IN THE COMPANY,  SOCIETY,  ASSOCIATION,  JOINT  STOCK  COMPANY,
CORPORATION,  ESTATE, RECEIVER, TRUSTEE, ASSIGNEE, REFEREE, OR ANY OTHER
PERSON ACTING IN A FIDUCIARY CAPACITY, AND A  PHONE  NUMBER  WHERE  SUCH

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02708-01-3
              

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