New York Statutes
§ 254-D — Fees by mortgagee for direct payment of real property taxes by mortgagor prohibited
New York § 254-D
This text of New York § 254-D (Fees by mortgagee for direct payment of real property taxes by mortgagor prohibited) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Real Property § 254-D (2026).
Text
§ 254-d. Fees by mortgagee for direct payment of real property taxes\nby mortgagor prohibited. No mortgagor on a loan secured primarily by an\ninterest in real property shall be charged a fee by the mortgagee\nbecause the parties have agreed that the mortgagor shall pay real\nproperty taxes on such real property directly to the taxing authority or\nauthorities and not in escrow to the mortgagee or the mortgagee's agent.\n
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Bluebook (online)
New York § 254-D, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/RPP/254-D.