Who pays the transfer tax on the sale of a property?

October 13, 2014 by Paul A. Sarcona, Esq.

In New York, the seller is required to pay the transfer tax. The amount depends on the county which the property is located and in some counties, it depends on the type of property, i.e., vacant land, 1 family, or commercial property. An exception applies to transfer of new construction residential properties and real estate […]

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