S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5600
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   February 27, 2015
                                      ___________
       Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
         tee on Judiciary
       AN  ACT to amend the real property law, in relation to clarifying infor-
         mation collected on a real property transfer form
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subparagraphs 7 and 8 of paragraph ii of subdivision 1-e of
    2  section  333 of the real property law, as amended by section 1 of part B
    3  of chapter 57 of the laws of 2004, are amended and two new subparagraphs
    4  9 and 10 are added to read as follows:
    5    (7) in the event the parcel conveyed by such deed is a portion of  the
    6  parcel  owned  by  the transferor or transferors, a statement indicating
    7  whether the city, town or village in which such property is situated has
    8  a planning board or other  entity  empowered  to  approve  subdivisions;
    9  [and]
   10    (8)  in  the event such planning board or other entity is empowered to
   11  approve subdivisions, a statement indicating whether the parcel conveyed
   12  by such deed is (a) not subject to such subdivision approval or (b) such
   13  subdivision has been approved by the respective city,  town  or  village
   14  planning board or other entity empowered to approve subdivisions[.];
   15    (9)  IN  THE  EVENT THAT THE PURCHASER IS (A) AN INDIVIDUAL, A LIMITED
   16  LIABILITY COMPANY, SOCIETY, ASSOCIATION,  JOINT  STOCK  COMPANY,  CORPO-
   17  RATION,  ESTATE,  RECEIVER,  TRUSTEE,  ASSIGNEE,  REFEREE,  OR ANY OTHER
   18  PERSON ACTING IN A  FIDUCIARY  CAPACITY,  AND  (B)  THE  PROPERTY  BEING
   19  PURCHASED  IS  LOCATED  IN THIS STATE, THE NAME AND PLACE OF BUSINESS OF
   20  THE COMPANY, SOCIETY, ASSOCIATION,  JOINT  STOCK  COMPANY,  CORPORATION,
   21  ESTATE, RECEIVER, TRUSTEE, ASSIGNEE, REFEREE, OR ANY OTHER PERSON ACTING
   22  IN  A  FIDUCIARY  CAPACITY,  THE  NAME OF A RESPONSIBLE PARTY WHO HAS AN
   23  INTEREST IN THE COMPANY,  SOCIETY,  ASSOCIATION,  JOINT  STOCK  COMPANY,
   24  CORPORATION,  ESTATE, RECEIVER, TRUSTEE, ASSIGNEE, REFEREE, OR ANY OTHER
   25  PERSON ACTING IN A FIDUCIARY CAPACITY, AND A  PHONE  NUMBER  WHERE  SUCH
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD03440-01-5
       A. 5600                             2
    1  RESPONSIBLE  PARTY  MAY BE CONTACTED. ANY PERSON SUPPLYING SUCH INFORMA-
    2  TION MUST USE HIS OR HER LEGAL NAME.   SUCH INFORMATION MUST  BE  EITHER
    3  TYPED OR CLEARLY PRINTED. IN THE EVENT A PERSON ERRONEOUSLY TYPED OR DID
    4  NOT  CLEARLY  PRINT HIS OR HER LEGAL NAME, THE COUNTY CLERK MAY CHARGE A
    5  CONVENIENCE FEE OF TWENTY DOLLARS TO AMEND THE TRANSFER REPORT; AND
    6    (10) A SWORN AFFIDAVIT, SUBSCRIBED TO BY THE PURCHASER,  STATING  THAT
    7  THE  INFORMATION PROVIDED PURSUANT TO THIS PARAGRAPH IS TRUE TO THE BEST
    8  KNOWLEDGE OF THE AFFIANT.
    9    S 2. This act shall take effect on the one hundred eightieth day after
   10  it shall have become a law. Effective immediately  the  office  of  real
   11  property  services  may  amend,  add,  or  repeal any rule or regulation
   12  necessary for the timely implementation of this  act  on  its  effective
   13  date.