AFFIDAVIT OF EXEMPTION FROM MORTGAGE RECORDING TAX REVERSE MORTGAGE - TAX LAW §252-a
This affidavit must be submitted in duplicate to the recording officer.
STATE OF NEW YORK)
COUNTY OF ___________)
__________________________________ being duly sworn, deposes and says:
Deponent is (state title: _____________________ of) the mortgagee in connection with this matter, and as such, deponent has knowledge of the facts and circumstances of this matter.
That the mortgage submitted herewith for recording is a reverse mortgage given by mortgagors who are at least (strike one) (60)(70) years of age.
That the mortgage is a lien on real property improved by a one-to-two family dwelling or condominium unit that is the residence of the mortgagor or mortgagors.
That such mortgage conforms to all other provisions of (strike one) (§280) (§280-a) of the Real Property Law.
WHEREFORE, deponent respectfully requests that such reverse mortgage be exempted from taxation pursuant to the provisions of §252-a of Article 11 of the Tax Law.
Sworn to before me this
_____ day of ___________, 20_____
No guidelines are available for this form at this time.