There is a newer version
of
the New York Laws
2021 New York Laws
RPP - Real Property
Article 15 - Prohibition and Disclosure of Private Transfer Fee Obligations
475 - Disclosure.
Universal Citation: NY Real Prop L § 475 (2021)
§ 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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