Assembly Bill A4136

2017-2018 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 - Stricken


  • 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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2017-A4136 (ACTIVE) - Details

See Senate Version of this Bill:
S7123
Law Section:
Real Property Law
Laws Affected:
Amd §333, RP L
Versions Introduced in Other Legislative Sessions:
2009-2010: A8046
2011-2012: A5902
2013-2014: A2626
2015-2016: A5600
2019-2020: S2337
2021-2022: S3091
2023-2024: S662

2017-A4136 (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.

2017-A4136 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4136
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 1, 2017
                                ___________
 
 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.
              

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