Section 256 Affidavit (Indefinite Mortgage) (NY) | Practical Law

Section 256 Affidavit (Indefinite Mortgage) (NY) | Practical Law

A form of affidavit used to specify the maximum amount secured by a mortgage pursuant to Section 256 of the New York Tax Law. This Standard Document is filed in connection with calculating mortgage recording taxes for an indefinite mortgage in New York. This Standard Document has integrated notes with important explanations and drafting tips.

Section 256 Affidavit (Indefinite Mortgage) (NY)

Practical Law Standard Document w-001-4036 (Approx. 10 pages)

Section 256 Affidavit (Indefinite Mortgage) (NY)

by Practical Law Real Estate
MaintainedNew York
A form of affidavit used to specify the maximum amount secured by a mortgage pursuant to Section 256 of the New York Tax Law. This Standard Document is filed in connection with calculating mortgage recording taxes for an indefinite mortgage in New York. This Standard Document has integrated notes with important explanations and drafting tips.