Statute · New York Real Property Law

N.Y. Real Prop. Law § 475 — Disclosure

N.Y. Real Prop. Law § 475

Type
Statute
Source
New York Real Property Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 475. Disclosure. Prior to the signing by the buyer of a binding contract for the sale of real property, the seller shall furnish to any purchaser a written statement disclosing the existence of any private transfer fee obligation. This written statement shall include a description of the…

Citator

N.Y. Real Prop. Law § 475 — Disclosure is in force in the current edition of the Code, and nothing recorded condemns it.

§ 475. Disclosure. Prior to the signing by the buyer of a binding contract for the sale of real property, the seller shall furnish to any purchaser a written statement disclosing the existence of any private transfer fee obligation. This written statement shall include a description of the private transfer fee obligation and include a statement that private transfer fee obligations are subject to prohibitions under this section.