City Of Mount Vernon Real Property Transfer Tax Return

REAL PROPERTY TRANSFER TAX RETURN PURSUANT TO CHAPTER 234 OF THE CODE OF THE CITY OF MOUNT VERNON, NY. This form is used by the City of Mount Vernon, Department of Finance when individuals or entities transfer real property within the city limits of Mount Vernon, New York. The form contains instructions and fields to be completed by both the grantee (buyer) and the grantor (seller). It requires details such as the names, addresses, and zip codes of the parties involved, as well as the location of the property transferred and the date of delivery of the deed to the grantee. Additionally, the form includes sections for computation of the real property transfer tax, with separate sections for properties located wholly within the city limits of Mount Vernon and those located partly within and partly outside the city. Once completed, the form must be filed with the Comptroller of the City of Mount Vernon, and any tax due must be paid within thirty days after the delivery of the deed by the grantor to the grantee. Failure to file or pay the tax on time may result in penalties and interest being added to the amount due. www.FormsWorkflow.com