senate Bill S1268

2013-2014 Legislative Session

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

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

do you support this legislation?

You must fill out the form below in order to support or oppose this bill. X

You must login or fill out the fields below for the senator to have an accurate account of the support or opposition to this bill.

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.
Use this box to enter a message to your senator.

Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to judiciary
Jan 09, 2013 referred to judiciary

Co-Sponsors

S1268 - Details

See Assembly Version of this Bill:
A2626
Law Section:
Real Property Law
Laws Affected:
Amd ยง333, RP L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S1409, A5902
2009-2010: S5062, A8046

S1268 - 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.

S1268 - Sponsor Memo

S1268 - Bill Text download pdf

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

                                  1268

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen. PERKINS -- read twice and ordered printed, and when
  printed to be committed 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) 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

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

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.