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2006 New York Code - Fees By Mortgagee For Direct Payment Of Real Property Taxes By Mortgagor Prohibited.



 
    §  254-d.  Fees by mortgagee for direct payment of real property taxes
  by mortgagor prohibited. No mortgagor on a loan secured primarily by  an
  interest  in  real  property  shall  be  charged  a fee by the mortgagee
  because the parties have  agreed  that  the  mortgagor  shall  pay  real
  property taxes on such real property directly to the taxing authority or
  authorities and not in escrow to the mortgagee or the mortgagee's agent.

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