Fillable Printable Section 255 Affidavit - New York

Section 255 Affidavit - New York

SECTION 255 AFFIDAVIT

State of New York )

) ss.:

County of )

, being duly sworn, depose and say that :

I/We are the owner(s) of property situate at

and the borrowers of the mortgages hereinafter described:

1. Mortgage dated made by

to in the amount of $ and recorded

on in Liber/Reel Page at which time mortgage tax in the amount of

$ was duly paid.

2. Mortgage dated made by

to in the amount of $ and is intended

to be recorded simultaneously herewith at which time mortgage tax of $ will be duly paid.

The above mortgages were consolidated into a single lien of $ by

Consolidation Agreement dated between

and which Consolidation Agreement is intended to be

recorded simultaneously herewith.

The Consolidation Agreement presented for recording herewith is given for the purpose of

further securing the same principal indebtedness and said Consolidation Agreement does not create or

secure any new or further indebtedness or obligation other than the principal indebtedness secured by

said mortgages. There have been no re-loans or re-advances on said mortgages.

WHEREFORE deponent respectfully requests that the Consolidation Agreement tendered herewith for

recording be declared exempt from taxation pursuant to the provisions of Section 255 of Article 11 of

the Tax Law of the state of New York

______________________________

Subscribed and sworn to

this day of , 20

______________________________

Notary Public