Section 255 Affidavit (ALR) (NY) | Practical Law

Section 255 Affidavit (ALR) (NY) | Practical Law

A form of Section 255 affidavit for use in a loan transaction in New York that includes an assignment of leases and rents (ALR). This Standard Document is used to claim an exemption from mortgage recording taxes under Section 255 of the Tax Law of the State of New York. This Standard Document contains integrated notes and drafting tips.

Section 255 Affidavit (ALR) (NY)

Practical Law Standard Document w-013-6210 (Approx. 11 pages)

Section 255 Affidavit (ALR) (NY)

by Practical Law Real Estate
Maintained • New York
A form of Section 255 affidavit for use in a loan transaction in New York that includes an assignment of leases and rents (ALR). This Standard Document is used to claim an exemption from mortgage recording taxes under Section 255 of the Tax Law of the State of New York. This Standard Document contains integrated notes and drafting tips.