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Industrial Development Agency Mortgages Newly Subject To Part Of New York State’s  mortgage Recording Tax

By Mike Berey on November 9, 2016

 

Mortgages executed by Industrial Development Agencies have been exempt from the payment of any portion of the mortgage recording tax, provided that the Agency covenants in the mortgage that it will record the mortgage. (See New York State Department of Taxation and Finance Advisory Opinion TSB-A-82(1)M, posted at ...

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Topics: Industrial Development New York Mortgage Tax

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