Seaport Title Company Information Downloadable Forms Useful Tax Information Resources Recent Developments Major Commercial Projects The Nautical Mile Contact Us Random Freeport Festival, 2006 Search	Seaport Title » Recent Developments » Real Property Transfer Report Forms Filing Fees Increased Created By Kennedy, Joe At 09:36 PM On Monday, July 18, 2005 Updated By Kennedy, Joe On 07/21/2005 At 11:28 AM AUGUST 2004 -- REAL PROPERTY TRANSFER REPORT FORMS FILING FEES INCREASED A Budget Bill (S6057B/A9557B), providing in part for increases in the filing fee for the State Board of Real Property Services for Real Property Transfer Report (Equalization and Assessment Form), has been passed by the legislature and presented to the Governor for signature. The increased fees will be required for all deeds submitted for recording on and after September 1, 2004. When the property being transferred is a "Qualifying residential property," or a "Qualifying farm property," the filing fee will increase from $50.00 to $75.00, increasing the total cost of recording a deed by $25.00. The filing fee for the transfer of any other type of property will increase from $50.00 to $165.00, increasing the total cost of recording a deed by $115.00. "Qualifying residential property" is defined as property that satisfies at least one of the following conditions: The property classification code assigned to the property on the latest final assessment roll, as reported on the transfer report form, indicates that the property is a one, two or three family home or a rural residence, or The transfer report form indicates that the property is a one, two or three family residential property that has been newly constructed on vacant land, or The transfer report form indicates that the property is a residential condominium. "Qualifying farm property" is defined as property for which the property classification code on the latest final assessment roll, as reported on the transfer report form, is in the agricultural category. Please take note of this increase and its immediate impact. The Seaport Title Agency - 106 Woodcleft Avenue - 2nd Floor - Freeport, NY 11520 Phone: (516) 867-5100 - Fax: (516) 867-5700 Copyright © 2005 The Seaport Title Agency. All Rights Reserved.

π