New York Mortgage Recording Tax Bulletins
Summary
The New York State Department of Taxation and Finance has updated its list of mortgage recording tax bulletins. These bulletins provide general guidance on various aspects of mortgage recording tax law, including residential property exclusions, bankruptcy reorganizations, and credit line debts. The update was published on June 14, 2017.
What changed
The New York State Department of Taxation and Finance has updated its webpage listing mortgage recording tax bulletins. These bulletins are informational documents providing guidance on specific topics related to mortgage recording taxes, such as exclusions for residential properties, advances under confirmed plans of reorganization, breakage costs, debtor-in-possession financing, credit line debt security, transactions after a deed in lieu of foreclosure, and mortgages securing multiple obligations.
While these bulletins are intended to offer simplified guidance, they are not a substitute for the Tax Law itself and may be affected by subsequent legal changes. Taxpayers should consult the official Tax Law or seek professional advice for definitive interpretations. The update date provided is June 14, 2017, indicating the last time this list was refreshed.
Source document (simplified)
Mortgage recording tax bulletins (by number)
A Tax Bulletin is an informational document designed to provide general guidance in simplified language on a topic of interest to taxpayers. It is accurate as of the date issued. However, taxpayers should be aware that subsequent changes in the Tax Law or its interpretation may affect the accuracy of a Tax Bulletin. The information provided in these documents does not cover every situation and is not intended to replace the law or change its meaning.
| Number | Title |
| --- | --- |
| TB-MR-5 | $10,000 Residential Property Exclusion on Certain Mortgages |
| TB-MR-15 | Advances Secured by a Mortgage Executed Under a Confirmed Plan of Reorganization in Bankruptcy |
| TB-MR-30 | Application of the Mortgage Recording Tax to Breakage Costs Secured Under Interest Rate Swap Agreements |
| TB-MR-165 | Debtor-in-Possession Financing |
| TB-MR-570 | Mortgage of a Guarantee Given as Security for a Credit Line Debt |
| TB-MR-575 | Mortgage Recording Tax on Mortgage Transactions After a Deed in Lieu of Foreclosure |
| TB-MR-580 | Mortgages Partially Securing Multiple Debts or Obligations |
Updated:
June 14, 2017
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