New York Statutes

§ 1443 — Liability for tax

New York § 1443
JurisdictionNew York
Law TAXTax
Art. 31-BTax On Real Estate Transfers In the Town of Brookhaven

This text of New York § 1443 (Liability for tax) 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. Tax § 1443 (2026).

Text

* § 1443. Liability for tax.

1.The real estate transfer tax shall be\npaid by the grantee. If the grantee has failed to pay the tax imposed\npursuant to this article or if the grantee is exempt from such tax, the\ngrantor shall have the duty to pay the tax. Where the grantor has the\nduty to pay the tax because the grantee has failed to pay the tax, such\ntax shall be the joint and several liability of the grantee and the\ngrantor.\n 2. For the purpose of the proper administration of this article and to\nprevent evasion of the tax hereby imposed, it shall be presumed that all\nconveyances are taxable. Where the consideration includes property other\nthan money, it shall be presumed that the consideration is the fair\nmarket value of the real property or interest therein. These\npresump

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New York § 1443, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/TAX/1443.