New York Consolidated Law|SECTION 1449-CCC

                                                

  § 1449-ccc. Payment of tax. 1. The real estate transfer tax imposed
pursuant to this article shall be paid to the treasurer or the recording
officer acting as the agent of the treasurer. Such tax shall be paid at
the same time as the real estate transfer tax imposed by article
thirty-one of this chapter is required to be paid. Such treasurer or
recording officer shall endorse upon each deed or instrument effecting a
conveyance a receipt for the amount of the tax so paid.

2. A return shall be required to be filed with such treasurer or
recording officer for purposes of the real estate transfer tax imposed
pursuant to this article at the same time as a return is required to be
filed for purposes of the real estate transfer tax imposed by article
thirty-one of this chapter. The return, for purposes of the real estate
transfer tax imposed pursuant to this article, shall be a photocopy or
carbon copy of the real estate transfer tax return required to be filed
pursuant to section fourteen hundred nine of this chapter.  However,
when an apportionment is required to be made pursuant to section
fourteen hundred forty-nine-mmm of this article, a supplemental form
shall also be required to be filed. The real estate transfer tax returns
and supplemental forms required to be filed pursuant to this section
shall be preserved for three years and thereafter until such treasurer
or recording officer orders them to be destroyed.

3. The recording officer shall not record an instrument effecting a
conveyance unless the return required by this section has been filed and
the tax imposed pursuant to this article shall have been paid as
provided in this section.