Application of Step-Transaction Doctrine to New York City Transfer Tax Upheld
By
Mike Berey on January 18, 2018
GKK2 Herald LLC (“GKK2”) and SLG LLC (“SLG”), the owners, respectively, of 45% and 55% tenant-in-common interests in real property located at 2 Herald Square in Manhattan, transferred their interests to 2 Herald Owner LLC (“Herald LLC”). GKK2 received a ...
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City Can Assert Adverse Possession When it Collected Real Estate Taxes
By
Mike Berey on October 26, 2017
The Plaintiff, whose predecessors-in-interest purchased the land in question in 1948, sought a ruling declaring that it was the sole owner of the property.
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Topics: Taxes
Refinance and Modification Recordation Tax Exemptions on Commercial Property in DC
By
Renee Bondaroff on December 8, 2016
Parties submitting Deeds, Memorandum of Lease, Deeds of Trust, Modifications and Easements to the Recorder of Deeds for filing in the District of Columbia will be required to present a properly completed FP 7 form as well as supportive documentation in ...
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Topics: Refinance Washington DC Taxes