2006 New York Code - Registration Statement; Change Of Ownership Or Title.

 
    §  27-2099  Registration  statement;  change of ownership or title. a.
  When the owner of a dwelling, who is required  to  register  under  this
  article, conveys title to the dwelling to another, the transferor shall,
  on  the  day  of such transfer, notify the department by regular mail of
  the name, residence and business address of the new owner,  or,  if  the
  new owner is a corporation, of the name and address of such corporation.
  The  registration  statement  in accordance with section 27-2098 of this
  article shall be presented by  the  new  owner  to  the  office  of  the
  register  of  the  city  of New York, or the county clerk as required by
  subdivision c of this section if such owner records such deed, or to the
  department if the deed is not recorded, and in no event more  than  five
  days  from  the  date  of taking of title; however, the failure by a new
  owner to file such registration statement shall not impair the  validity
  of his or her title.
    b.  When  the ownership of a dwelling changes by operation of law, the
  new owner, if required to register, shall file a registration  statement
  in  accordance with section 27-2098 of this article not more than thirty
  days from the date that title devolved upon him or her.
    c. The office of the register of the city of New York or county  clerk
  shall  not record or accept for recording any deed transferring title to
  real property or a lease or memorandum of lease of  an  entire  multiple
  dwelling  unless  such  instrument  is  accompanied  by the registration
  statements required under this article, with their appropriate fees,  or
  an affidavit stating that the deed, or lease or memorandum of lease does
  not  affect  a  multiple dwelling and such registration is not required.
  Such registration statements and the fees therefor shall be forwarded to
  the department for filing and acceptance.