NY City of Yonkers

CITY OF YONKERS

REAL PROPERTY TRANSFER TAX RETURN
FINANCE DEPARTMENT
PURSUANT TO CHAPTER 15 TAXES, ARTICLE V, GENERAL ORDINANCE 8-1973 AS AMENDED
BY G.O. 4-1984, G.O. 10-1989, G.O. 3-1998 and G.O. 7-2005

(Grantor: )

     

NOTE: FILING OF THIS RETURN DOES NOT CONSTITUTE NOTICE TO THE CITY OF YONKERS TO CHANGE THE ADDRESS FOR PROPERTY TAXES. PROPERTY OWNERS MUST PROVIDE A WRITTEN NOTICE ADVISING THE CITY OF CORRECT NAME AND MAILING ADDRESS.

 

SEND INFORMATION TO:

 

CITY OF YONKERS

ROOM 401

87 NEPPERHAN AVENUE

YONKERS, N.Y. 10701

 

Name

     

     

  

     

Address

City

State

Zip

(Grantee)

     

 

Name

     

     

  

     

Address

City

State

Zip

(Grantor’s Att’y)

     

     

     

  

     

 

Name

Address

City

State

Zip

(Grantee’s Att’y)

     

     

     

  

     

 

Name

Address

City

State

Zip

LOCATION OF PROPERTY TRANSFERRED

FOR DEPARTMENT USE ONLY

Address:

                                                                                  

     

     

 

     

 

     

 

     

City Tax Map

Section

Block

Lot

DATE OF DELIVERY OF DEED TO GRANTEE:

     

 

 

COMPUTATION OF TAX

 

NOTES:

1.        If item 1 is $25,000 or less, enter zero in items 3 and 5. If exemption is claimed, attach signed affidavit showing grounds for exemption.

2.        Where the transfer is by a corporation in liquidation or to a corporation in exchange for capital stock, complete Schedule B on Page 2.

1.        Total Consideration Paid or Required to be Paid                        

         

2.        Allocated Consideration Subject to Tax (Schedule A)

     

3.        Tax Due-1.5% of Item 1 or 2 Whichever is Applicable

     

4.        Add – Penalty and Interest

     

5.        Total Tax, Penalty and Interest Due

     

MAKE CERTIFIED CHECK PAYABLE TO THE CITY OF YONKERS

CITY HALL – ROOM 210, 40 SOUTH BROADWAY, YONKERS, NEW YORK 10701

AFFIDAVIT OF GRANTOR

I swear (or affirm) that this return including the accompanying schedules or statements, has been examined by me, and is to the best of my knowledge and belief, a true and complete return, made in good faith, pursuant to Chapter 15, Article V, of the General Ordinance 8-1973 as amended by G.O. 4-1984, G.O. 10-1989, G.O. 3-1998 and G.O. 7-2005

 

Sworn to and subscribed to before me this

    

day of

     

 

     

 

 

(Name of Grantor)

     

 

     

Signature of Officer Administering Oath

 

(Signature of owner, partner, officer of corporation, etc.)

AFFIDAVIT OF GRANTEE

I swear (or affirm) that this return including the accompanying schedules or statements, has been examined by me, and is to the best of my knowledge and belief, a true and complete return, made in good faith, pursuant to Chapter 15, Article V, of the General Ordinance 8-1973 as amended by G.O. 4-1984, G.O. 10-1989, G.O. 3-1998 and G.O. 7-2005

 

Sworn to and subscribed to before me this

    

day of

     

 

     

 

(Name of Grantee)

     

 

     

Signature of Officer Administering Oath

(Signature of owner, partner, officer of corporation, etc.)

SCHEDULE A

Item

No.

ALLOCATION OF CONSIDERATION WHERE THE PROPERTY TRANSFERRED IS SITUATED

PARTLY WITHIN AND PARTLY WITHOUT THE CITY OF YONKERS

6.        Consideration (Item 1, Page 1) ……………………………………………………………………………………….

     

7.        * Total Assessed Valuations of Property Situated Within and Without the City of Yonkers ……………………….

     

8.        Deduct – Assessed Valuations of Property Situated Outside the City of Yonkers …………………………………..

     

9.        Assessed Valuation of Property Situated Within the City of Yonkers ………………………………………………..

     

10.     Percentage of Total Assessed Valuations of Property Attributable to Property Situated Within the City of Yonkers (Item 9 ÷ Item 7) ……………………………………………………………………………………………………..

     

11.     Allocated Consideration Subject to Tax (Item 6 x Item 10) …………………………………………………………

(enter as Item 2, Page 1 of Return)

     

 

*NOTE:

The assessed valuations to be used are those in effect at the time of transfer of property. In lieu of assessed valuations, the equalized valuations may be used provided that they are applied to the property both within and without the City of Yonkers.

SCHEDULE B

Balance Sheet of Grantor

 

Grantee

as of

     

 

     

 

(Check Applicable Box)

 

 

 

 

 

 

 

NOTE: If the transfer is in liquidation of a corporation, the financial statement of the grantor is required as of the date nearest the date of transfer and before the liquidation.

If the transfer is to a corporation in exchange for its capital stock, the financial statement of the grantee is required as of the date immediately after the effective date of the transfer. The balance sheet data required by this schedule may be attached as a separate rider to the return in lieu of completion of this schedule or if more space is required.

 

ASSETS (Itemize: )

$

     

     

     

     

     

     

     

     

     

     

     

     

     

     

Total Assets

     

LIABILITIES PLUS CAPITAL (Itemize: )

$

     

     

     

     

     

     

     

     

     

     

     

     

     

     

Total Liabilities plus Capital

     

This completed return must be filed with the Comptroller of the City of Yonkers.

      The tax due thereon must be paid within seven (7) days after delivery of the deed by the grantor to the grantee but before the recording of such deed. A return must be filed by both the grantor and the grantee whether or not a tax is due thereon and although the consideration for the deed is $25,000 or less

IMPORTANT:

Penalty of 8% of the tax due for the first month of delay plus interest at the rate of 1% of such tax for each additional month of delay must be added if payment is not made on or before the due date.

 

No guidelines are available for this form at this time.