S T A T E O F N E W Y O R K
________________________________________________________________________
7104
2009-2010 Regular Sessions
I N A S S E M B L Y
March 20, 2009
___________
Introduced by M. of A. HOYT -- read once and referred to the Committee
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) A LIMITED LIABILITY COMPA-
NY, SOCIETY, ASSOCIATION, JOINT STOCK COMPANY, CORPORATION, ESTATE,
RECEIVER, TRUSTEE, ASSIGNEE, REFEREE, OR ANY OTHER PERSON ACTING IN A
FIDUCIARY CAPACITY, AND (B) THE PROPERTY BEING PURCHASED IS LOCATED IN A
COUNTY OTHER THAN A COUNTY WHOLLY CONTAINED WITHIN A CITY 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 RESPONSI-
BLE 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
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07916-02-9
A. 7104 2
NUMBER WHERE SUCH RESPONSIBLE PARTY MAY BE CONTACTED. SUCH INFORMATION
MUST BE EITHER TYPED OR CLEARLY PRINTED; AND
(10) A SWORN AFFIDAVIT, SUBSCRIBED TO BY THE PURCHASER, STATING THAT
THE INFORMATION PROVIDED PURSUANT TO THIS PARAGRAPH IS TRUE TO THE BEST
KNOWLEDGE OF THE AFFIANT.
S 2. This act shall take effect on the one hundred eightieth day after
it shall have become a law. Effective immediately the office of real
property services shall amend, add, or repeal any rule or regulation
necessary for the timely implementation of this act on its effective
date.