Changes to Liability Provisions of New York Real Estate Transfer Tax

The New York Budget Bill enacted two notable changes to the liability provisions of the New York State real estate transfer tax. These changes apply to conveyances made on or after July 1, 2021 (unless made under a written contract entered on or before April 1, 2021). Get up to speed on these changes and what they mean for your deals.

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Practical Guidance Updates

Featuring the latest updates from your Practical Guidance account.

• The Practical Guidance Journal Summer 2021 Edition is now available.
  Read all about receivership in commercial real estate transactions.

• Coronavirus (COVID-19) Resource Kit: Residential Tenants’ Rights
  Access hundreds of tenants’ rights resources from one place.

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