New York Statutes
§ 1449-DDDDDD — Liability for tax
New York § 1449-DDDDDD
This text of New York § 1449-DDDDDD (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 § 1449-DDDDDD (2026).
Text
§ 1449-dddddd. Liability for tax.
1.The real estate transfer tax\nshall be paid by the grantor. If the grantor has failed to pay the tax\nimposed pursuant to this article or if the grantor is exempt from such\ntax, the grantee shall have the duty to pay the tax. Where the grantee\nhas the duty to pay the tax because the grantor has failed to pay, such\ntax shall be the joint and several liability of the grantor and the\ngrantee.\n 2. For the purpose of the proper administration of this article and to\nprevent evasion of the tax hereby authorized, it shall be presumed that\nall conveyances are taxable. Where the consideration includes property\nother than money, it shall be presumed that the consideration is the\nfair market value of the real property or interest therein. These\npresump
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 1449-AA
Definitions§ 1449-AAA
Definitions§ 1449-AAAA
Definitions§ 1449-AAAAA
Definitions§ 1449-AAAAAA
Definitions§ 1449-AAAAAAA
Definitions§ 1449-BB
Imposition of tax§ 1449-BBB
Imposition of tax§ 1449-BBBB
Imposition of tax§ 1449-BBBBB
Imposition of tax§ 1449-BBBBBB
Imposition of tax§ 1449-BBBBBBB
Imposition of tax§ 1449-CC
Payment of tax§ 1449-CCC
Payment of tax§ 1449-CCCC
Payment of taxCite This Page — Counsel Stack
Bluebook (online)
New York § 1449-DDDDDD, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/TAX/1449-DDDDDD.