Those 62 and older living in cooperative apartment units in New York will soon be able to obtain reverse mortgage loans. The amended law was signed by Gov. Hochul on January 24, 2022.To qualify, the borrower must certify annually on each anniversary of the loan that they reside in the unit and that it is their...
Showing posts with label shareholder. Show all posts
Showing posts with label shareholder. Show all posts
Friday, January 21, 2022
Monday, September 23, 2019
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...
Tags:
address,
agents,
disclosure,
grantee,
grantor,
joint,
LLC,
member,
name,
Real Estate,
Real property,
return,
S1730,
sales,
selling a home,
shareholder,
tax,
Transfer tax