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2012 New York Consolidated Laws
RPP - Real Property
Article 15 - (470 - 476) PROHIBITION AND DISCLOSURE OF PRIVATE TRANSFER FEE OBLIGATIONS
475 - Disclosure.


NY Real Prop L § 475 (2012) What's This?
 
    §  475.  Disclosure.  Prior  to  the signing by the buyer of a binding
  contract for the sale of real property, the seller shall furnish to  any
  purchaser  a  written  statement disclosing the existence of any private
  transfer  fee  obligation.  This  written  statement  shall  include   a
  description  of  the  private  transfer  fee  obligation  and  include a
  statement  that  private  transfer  fee  obligations  are   subject   to
  prohibitions under this section.

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