Real Estate Transfer Taxes (NY) | Practical Law

Real Estate Transfer Taxes (NY) | Practical Law

A Practice Note discussing the taxes imposed on the transfer of interests in both commercial and residential real property in New York. This Note provides guidance on the types of conveyances that are subject to transfer tax, including fee estates, leasehold interests, transfers of controlling interests, and option contracts. This Note also discusses state and local transfer tax rates.

Real Estate Transfer Taxes (NY)

Practical Law Practice Note w-000-7290 (Approx. 22 pages)

Real Estate Transfer Taxes (NY)

by Practical Law Real Estate
MaintainedNew York
A Practice Note discussing the taxes imposed on the transfer of interests in both commercial and residential real property in New York. This Note provides guidance on the types of conveyances that are subject to transfer tax, including fee estates, leasehold interests, transfers of controlling interests, and option contracts. This Note also discusses state and local transfer tax rates.