Last updated: 9/19/2024
Peconic Bay Region Community Preservation Fund First-Time Homebuyers Exemption Application
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Description
PECONIC BAY REGION COMMUNITY PRESERVATION FUND. This form is used to report and process the transfer of real property in the Peconic Bay Region for the Community Preservation Fund (CPF) tax. It records details of the conveyance, such as the parties involved (grantor and grantee), property description, and transaction conditions. The CPF tax is levied on property transfers for conservation purposes, and the proceeds go to townships within the Peconic Bay Region to fund land acquisition, development rights, and conservation projects. The form also addresses exemptions, tax calculations, and penalties for late filing or payment. www.FormsWorkflow.com