New York Laws
Article 11 - Tax on Mortgages
252 - Exemptions.

(2) Notwithstanding article eighteen-A of the general municipal law
and titles eleven and fifteen of article eight of the public authorities
law, no mortgage of real property situated within the state in counties
located within the metropolitan commuter transportation district, the
Niagara Frontier transportation district, the Rochester-Genesee
transportation district, the capital district transportation district,
and the central New York regional transportation district executed,
given, made, or transferred or assigned by or to an agency created under
article eighteen-A of the general municipal law, an authority created
under title eleven or fifteen of article eight of the public authorities
law, an agent or agent of such agent of such agency or authority, a
project operator receiving financial assistance from such agency or
authority, a project occupant of such agency or authority, or an owner
of a project receiving financial assistance from such agency or
authority shall be exempt from the additional tax imposed by paragraph
(a) of subdivision two of section two hundred fifty-three of this

article. For the purposes of this subdivision the term "financial
assistance" shall have the same meaning as defined in section eight
hundred fifty-four of the general municipal law.

Structure New York Laws

New York Laws

TAX - Tax

Article 11 - Tax on Mortgages

250 - Definitions.

251 - Procedure for Review.

252 - Exemptions.

252-A - Other Exemptions.

253 - Recording Tax.

253-A - Recording Tax by a City of One Million or More.

253-B - Credit Line Mortgage.

253-C - Recording Tax Imposed by the County of Nassau.

253-D - Recording Tax Imposed by the City of Yonkers.

253-E - Recording Tax Imposed by the County of Broome.

253-F - Recording Tax Imposed by the County of Rockland.

253-G - Recording Tax Imposed by the County of Westchester.

253-H - Recording Tax Imposed by the County of Lewis.

253-I - Recording Tax Imposed by the County of Columbia.

253-J - Recording Tax Imposed by the County of Sullivan.

253-J*2 - Recording Tax Imposed by the County of Hamilton.

253-J*3 - Recording Tax Imposed by the County of Essex.

253-K - Recording Tax Imposed by the County of Genesee.

253-R - Recording Tax Imposed by the County of Schenectady.

253-S - Recording Tax Imposed by the County of Steuben.

253-T - Recording Tax Imposed by the County of Yates.

253-U - Recording Tax Imposed by the County of Herkimer.

253-V - Recording Tax Imposed by the County of Cortland.

253-W - Recording Tax Imposed by the County of Warren.

253-X - Recording Tax Imposed by the County of Cattaraugus.

253-X*2 - Recording Tax Imposed by the County of Greene.

253-Y - Recording Tax Imposed by the County of Madison.

253-J*4 - Recording Tax Imposed by the County of Schoharie.

253-O - Recording Tax Imposed by the County of Chautauqua.

253-P - Recording Tax Imposed by the County of Albany.

253-L - Recording Tax Imposed by the County of Rensselaer.

253-M - Recording Tax Imposed by the County of Wayne.

253-N - Recording Tax Imposed by the County of Wyoming.

253-Y*2 - Recording Tax Imposed by the County of Livingston.

253-Y*3 - Recording Tax Imposed by the County of Washington.

254 - Optional Tax on Prior Mortgages.

255 - Supplemental Mortgages.

256 - Mortgages for Indefinite Amounts or for Contract Obligations.

257 - Payment of Taxes.

257-A - Refund of Mortgage Taxes After Rescission of Certain Credit Transactions.

258 - Effect of Nonpayment of Taxes.

258-A - Payment of Tax on Instruments Not Recorded.

259 - Trust Mortgages.

260 - Determination and Apportionment by the State Tax Commission.

261 - Payment Over and Distribution of Taxes.

262 - Expenses of Officers.

263 - Supervisory Power of Commissioner of Taxation and Finance and Comptroller.

264 - Tax on Prior Advance Mortgages.

265 - Tax a Lien; Exceptions.

266 - Enforcement; Procedure.

267 - idem.; Where Recovery Is Had Against Trust Mortgagee.