Affidavit Pursuant to Tax Law Section 252-a




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Affidavit Pursuant to Tax Law Section 252-a


(Age 70)

STATE OF NEW YORK )


) ss
County of       )

     , being duly sworn deposes and says:



1.

I am the       of      , the mortgagee in the mortgage made by       to the mortgagee, dated       in the amount of $       submitted herewith for recording.

2.

The mortgage is a reverse mortgage made pursuant to Section 280-a of the Real Property Law.

3.

All of the mortgagors are at least 70 years of age.

4.

The mortgage is on real property improved by a one-to-four family dwelling or condominium that is the residence of the mortgagor or mortgagors.

5.

The mortgage conforms to all of the provisions of Section 280-a of the Real Property Law.

Wherefore, your deponent requests the mortgage submitted herewith for recording be recorded without the payment of mortgage recording tax pursuant to Section 252-a, subd.2 of the Tax Law.

     


Sworn to before me on this       day of       20     .

_____________________________________


(Notary Public)


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