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Assembly Bill A5191

2009-2010 Legislative Session

Requires a signed disclosure notice with a transfer report on any real property sold in agricultural districts; failure will prevent deed recording

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Archive: Last Bill Status - In Assembly Committee

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2009-A5191 (ACTIVE) - Details

Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Amd §333-c, RP L; amd §310, Ag & Mkts L; amd §574, RPT L

2009-A5191 (ACTIVE) - Summary

Requires a signed disclosure notice be included with a transfer report on any real property sold in agricultural districts; failure to do so will prevent a recording officer from recording the deed for such property.

2009-A5191 (ACTIVE) - Bill Text download pdf 

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

                                  5191

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 11, 2009
                               ___________

Introduced  by M. of A. ALESSI -- Multi-Sponsored by -- M. of A. ZEBROW-
  SKI -- read once and referred to the Committee on Judiciary

AN ACT to amend the real property law, the agriculture and  markets  law
  and  the  real property tax law, in relation to required signature and
  filing of disclosure notices with real property sold  in  agricultural
  districts

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

  Section 1. Subdivision 3 of section 333-c of the real property law, as
amended by chapter 411 of the laws  of  1998,  is  amended  to  read  as
follows:
  3.  Failure of the seller to provide such information to the buyer AND
TO PROVIDE A SIGNED DISCLOSURE NOTICE TO A RECORDING OFFICER shall [not]
prevent the recording officer from filing such deed.
  S 2. Clause 5 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, is amended to read as follows:
  (5)  a  statement indicating whether the parcel is located in an agri-
cultural district and, if so, [whether] a SIGNED disclosure notice  [has
been  provided] pursuant to section three hundred thirty-three-c of this
article and section three hundred ten of  the  agriculture  and  markets
law;
  S  3. Subdivision 2 of section 310 of the agriculture and markets law,
as amended by chapter 411 of the laws of 1998, is  amended  to  read  as
follows:
  2. [Receipt of such] A SIGNED disclosure notice shall be recorded on a
property  transfer  report  form  prescribed  by the state board of real
property services as provided for in section three hundred  thirty-three
of the real property law.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08053-01-9

A. 5191                             2

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