ATTENTION LLC Owners
LLC sellers & buyers of residential property (1-4 family houses) will no longer be able to hide their identities.
Transfer tax returns submitted by LLCs, as required when transferring real estate, will no longer be accepted by the clerk's office unless submitted with the names and addresses of all members, managers, shareholders, directors, officers, partners, and other authorized agents.
Check out the full bill here and understand that you can no longer hide your identity in a residential real estate deal in the State of New York.
Monday, September 23, 2019
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Law Alert: LLC Owners ID Must be Disclosed in Real Estate Deals
Law Alert: LLC Owners ID Must be Disclosed in Real Estate Deals
by
Anonymous
on
Monday, September 23, 2019
in
address,
agents,
disclosure,
grantee,
grantor,
joint,
LLC,
member,
name,
Real Estate,
Real property,
return,
S1730,
sales,
selling a home,
shareholder,
tax,
Transfer tax
Transfer tax
Tags:
address,
agents,
disclosure,
grantee,
grantor,
joint,
LLC,
member,
name,
Real Estate,
Real property,
return,
S1730,
sales,
selling a home,
shareholder,
tax,
Transfer tax
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