Department of Taxation and Finance
                                                                                                        TP-584-I(9/19)
             Instructions for Form TP-584
             Combined Real Estate Transfer Tax Return,
             Credit Line Mortgage Certificate, and Certification of
             Exemption from the Payment of Estimated Personal Income Tax

Purpose of Form TP-584                                              Payment of estimated personal income tax
Form TP-584 must be used to comply with the filing                  Nonresident individuals, estates, and trusts must comply with 
requirements of the real estate transfer tax (Tax Law Article 31);  the provisions of Tax Law § 663, estimating the personal income 
the tax on mortgages (Tax Law Article 11), as it applies to         tax on the gain, if any, from the sale or transfer of certain real 
the Credit Line Mortgage Certificate; and the exemption from        property, or shares of stock in a cooperative housing corporation, 
estimated personal income tax (Tax Law Article 22), as it applies   in connection with the grant or transfer of a proprietary leasehold 
to the sale or transfer of real property or cooperative units under by the owner of the shares, where the cooperative unit 
Tax Law § 663(a).                                                   represented by such shares is located in New York State. 

Beginning September 13, 2019, a limited liability company (LLC)     Form IT-2663
must disclose all owners until full disclosure of ultimate 
ownership to the natural persons.                                   Use Form IT-2663, Nonresident Real Property Estimated Income 
                                                                    Tax Payment Form, to compute the gain (or loss) and pay the 
Since this form is used to satisfy the filing requirements          estimated personal income tax due from the sale or transfer of 
of three distinct taxes, rely on the definition of terms and        certain real property. You will need to present Form IT-2663 and 
instructions as they pertain to each schedule.                      pay the full amount of estimated personal income tax due, if 
                                                                    any, to the recording officer at the time the deed is presented for 
Who must file                                                       recording.
Form TP-584 must be filed for each conveyance of real property 
from a grantor/transferor to a grantee/transferee.                  Form IT-2664
                                                                    Use Form IT-2664, Nonresident Cooperative Unit Estimated 
It may not be necessary to complete all the schedules on            Income Tax Payment Form, to compute the gain (or loss) 
Form TP-584. The nature and condition of the conveyance will        and pay the estimated personal income tax due from the 
determine which of the schedules you must complete. See the         sale or transfer of the cooperative unit. You will need to file 
specific instructions for completing each schedule.                 Form IT-2664 and pay the full amount of estimated personal 
Note: Public utility companies, regulated by the Public Service     income tax due, if any, to the NYS Tax Department within 
Commission, and governmental agencies that are granted              15 days of the delivery of the instrument effecting the sale 
easements and licenses for consideration of less than $500 may      or transfer of the cooperative unit.
use Form TP-584.2, Real Estate Transfer Tax Return for Public 
Utility Companies’ and Governmental Agencies’ Easements             Schedule D
and Licenses, to record these conveyances. For purposes of          The requirement for payment of estimated personal income tax 
Form TP-584.2, a governmental agency is the United Nations,         under Tax Law § 663 does not apply to individuals, estates, 
the United States of America, the state of New York, or any of      or trusts who are residents of New York State at the time 
their instrumentalities, agencies, or political subdivisions, or    of the sale or transfer. However, residents must complete 
any public corporation, including a public corporation created      Form TP-584, Schedule D, Certification of exemption from the 
pursuant to an agreement or compact with another state or           payment of estimated personal income tax. See Who must 
Canada.                                                             complete Schedule D for more information.
A conveyance of an easement or license to a public utility          In addition, the requirement may not apply to certain sales or 
company, where the consideration is $2 or less and is clearly       transfers even if the individual, estate, or trust is a nonresident at 
stated as actual consideration in the instrument of conveyance,     the time of the sale or transfer. An exemption may be allowed if 
does not require the filing of Form TP-584 or Form TP-584.2.        any of the following apply:
                                                                    •  The real property or cooperative unit being sold or transferred 
When and where to file                                                is a principal residence of the transferor/seller within the 
File Form TP-584 with the recording officer of the county where       meaning of Internal Revenue Code (IRC) section 121.
the real property being conveyed is located, no later than the      •  The transferor/seller is a mortgagor conveying the mortgaged 
fifteenth day after the delivery of the instrument effecting          property to a mortgagee in foreclosure or in lieu of foreclosure 
the conveyance. However, if the instrument effecting the              with no additional consideration.
conveyance will not be recorded, or will be recorded later than     •  The transferor or transferee is an agency or authority of the 
the time required to file Form TP-584 and to pay any real estate      United States of America, an agency or authority of New York 
transfer tax, file Form TP-584 and pay any real estate transfer       State, the Federal National Mortgage Association, the Federal 
tax due no later than the fifteenth day after the delivery of         Home Loan Mortgage Corporation, the Government National 
the instrument effecting the conveyance, directly with:               Mortgage Association, or a private mortgage insurance 
        NYS TAX DEPARTMENT                                            company.
        RETT RETURN PROCESSING
        PO BOX 5045                                                 To claim any of the above exemptions, nonresidents of New York 
        ALBANY NY 12205-5045                                        State must complete Schedule D. See Who must complete 
                                                                    Schedule D for more information.
Private delivery services – See Publication 55, Designated 
Private Delivery Services.                                          Schedule D does not need to be completed if the interest 
                                                                    being transferred is anything other than a fee simple interest 
                                                                    in real property or a cooperative unit, or the property is being 

Page 2 of 7  TP-584-I (9/19)
transferred by anyone or any entity other than an individual,        address as they appear in your deed, lease, or other 
estate, or trust. However, Schedules A, B, and C must still          instrument that conveys the interest in real property. 
be completed to satisfy the transfer tax and mortgage tax            If you do not know your SWIS Code, go to 
requirements.                                                        http://orpts.tax.ny.gov/cfapps/MuniPro/swis/index.cfm?  
                                                                     You may also obtain the SWIS Code from your tax bill or by 
                                                                     contacting the assessor’s office where the property is located. 
Instructions for Schedule A                                          Also include the name of the city or village, town, and county 
Name and address box                                                 where the property conveyed is located.
Print or type the name, address, and Social Security number 
(SSN) or employer identification number (EIN) of the grantor and     Type of property conveyed 
grantee as they appear in your deed, lease, or other instrument      Indicate the type of property being conveyed by marking an X in 
that conveys the interest in real property. If additional space is   the appropriate box. If you are conveying a one- to three-family 
needed, attach a schedule in the same format to Form TP-584          house, a residential cooperative apartment, or a residential 
and include the name, address, and SSN or EIN of all the             condominium unit, you may be entitled to the continuing lien 
grantors and grantees. If the grantor or grantee is a single         deduction. See Continuing lien deduction for more information.
member limited liability company (LLC), enter the name and 
identification number (SSN or EIN or both) for both the LLC and      Date of conveyance 
the single member (also see Single and multi-member LLC).            Enter the date the instrument effecting the conveyance was 
If the conveyance is pursuant to a mortgage foreclosure or           delivered from the grantor to the grantee. The date of the 
any other action governed by the Real Property Actions and           instrument is presumed to be the date of delivery of the 
Proceedings Law, the defaulting mortgagor or debtor is the           instrument.
grantor.
                                                                     Percentage of real property conveyed which is residential 
Single and multi-member LLC                                          real property 
If the grantor or grantee is an LLC and the property being           Enter the percentage of the entire real property conveyed that is 
conveyed is a building containing one- to four-family dwelling       residential real property (see Imposition of additional tax, for a 
units, Form TP-584 cannot be accepted for filing unless              definition of residential real property).
accompanied by documentation that identifies all members, 
managers, and other authorized persons of the LLC. If any            Condition of conveyance 
member of the LLC is itself an LLC or other business entity, a       Mark an   in the boxes indicating the conditions that apply. X
list of all shareholders, directors, officers, members, managers,    If itemse, , or f are checked, Form TP-584.1, g Real Estate 
and/or partners of that LLC or other business entity must also       Transfer Tax Return Supplemental Schedules, must be attached 
be provided until ultimate ownership by natural persons is           to Form TP-584 with the appropriate schedule completed.
disclosed. See Definition of terms for the real estate transfer tax, 
for the meanings of natural person and authorized person.
                                                                     Instructions for Schedule B 
The required documentation must include the following 
information for each individual and entity:                          Imposition of tax
•  name; and                                                         A real estate transfer tax (Part 1 of this schedule) is imposed 
                                                                     on each conveyance at the time the instrument effecting the 
•  address of the business or individual.                            conveyance is delivered by a grantor to a grantee when the 
Example: On September 16, 2019, RRP, LLC, a single-member            consideration or value of the interest conveyed exceeds $500. 
LLC, is the grantor in a deed transfer of a two-family house to an   The tax is computed at a rate of two dollars for each $500 of 
individual. RRP, LLC’s single member is ABC Partnership.  ABC        consideration or fractional part thereof.
Partnership has four individual partners and one partner, RRP2,      An additional tax (Part 2 of this schedule) is imposed on the 
LLC, that is a multiple-member LLC. RRP2, LLC has three              conveyance of residential real property where the consideration 
individual members. Provide all required documentation for:          for the entire conveyance is $1 million or more. For more 
• all managers and other authorized persons of RRP, LLC;             information, see Imposition of additional tax.
• ABC Partnership;
                                                                     Definition of terms for the real estate transfer tax 
• ABC Partnership’s four individual partners;
                                                                     1.  Person means an individual, partnership, society, 
• RRP2, LLC;                                                             association, joint stock company, corporation, estate, 
• RRP2, LLC’s three individual members;                                  receiver, trustee, assignee, referee, or any other person 
• all officers and directors of ABC Partnership; and                     acting in a fiduciary or representative capacity, whether 
                                                                         appointed by a court or otherwise, any combination of 
• all officers, directors, and managers of RRP2, LLC.                    individuals, and any other form of unincorporated enterprise 
Partial commercial use – The documentation requirements                  owned or conducted by two or more persons.
apply when the applicable property is partially used for             2.  Natural person means a human being, as opposed to an 
commercial purposes.                                                     artificial person, who is the beneficial owner of the real 
Example: On September 13, 2019, MP, LLC, a multiple-member               property. A natural person does not include: a corporation or 
LLC, is the grantor in a deed transfer of a four-family house.           partnership, natural person or persons operating a business 
Three of the units are used as residences, and one unit is used          under a DBA (doing business as), an estate such as the 
for commercial purposes as a retail store. The documentation             estate of a bankrupt or deceased person, or a trust. 
requirements apply.                                                  3.  Authorized person means a person, whether or not a 
                                                                         member, who is authorized by the operating agreement, or 
Location and description of property conveyed                            otherwise, to act on behalf of an LLC or foreign LLC.
Provide the location and description of the interest in real         4.  Controlling interest means (a) in the case of a corporation, 
property being conveyed by entering the tax map designation,             either 50% or more of the total combined voting power of 
the Statewide Information System Code (SWIS Code), and                   all classes of stock of such corporation, or 50% or more of 

                                                                        TP-584-I   Page 3                              (9/19)               of 7
    the capital, profits, or beneficial interest in such voting stock              denominator of which is the total number of shares of 
    of such corporation, and (b) in the case of a partnership,                     stock in the cooperative housing corporation.
    association, trust, or other entity, 50% or more of the capital,    7.  Conveyance means the transfer, or transfers, of any 
    profits or beneficial interest in such partnership, association,        interest in real property by any method; including but not 
    trust, or other entity.                                                 limited to sale, exchange, assignment, surrender, mortgage 
5.  Real property means every estate or right, legal or equitable,          foreclosure, transfer in lieu of foreclosure, option, trust 
    present or future, vested or contingent, in lands, tenements,           indenture, taking by eminent domain, conveyance upon 
    or hereditaments, including buildings, structures, and other            liquidation or by a receiver, or transfer or acquisition of 
    improvements thereon, which are located in whole or in part             a controlling interest in any entity with an interest in real 
    within the state of New York. It does not include rights to             property. Transfer of an interest in real property includes 
    sepulture.                                                              the creation of a leasehold or sublease only where (a) the 
6.  Consideration means the price actually paid, or required to             sum of the term of the lease or sublease and any options 
    be paid, for the real property or interest therein; including           for renewal exceeds 49 years, (b) substantial capital 
    payment for an option or contract to purchase real property             improvements are or may be made by or for the benefit 
    whether or not expressed in the deed and whether paid,                  of the lessee or sublessee, and (c) the lease or sublease 
    or required to be paid, by money, property, or any other                is for substantially all of the premises constituting the real 
    thing of value. It includes the cancellation or discharge of            property. The conveyance of real property shall not include 
    an indebtedness or obligation. It also includes the amount              a conveyance pursuant to devise, bequest, or inheritance; 
    of any mortgage, purchase money mortgage, lien, or other                the creation, modification, extension, spreading, severance, 
    encumbrance, whether or not the underlying indebtedness is              consolidation, assignment, transfer, release or satisfaction 
    assumed or taken subject to.                                            of a mortgage; a mortgage subordination agreement; a 
                                                                            mortgage severance agreement; an instrument given to 
  a)  In the case of a creation of a leasehold interest or the              perfect or correct a recorded mortgage; or a release of lien 
    granting of an option with use and occupancy of real                    of tax pursuant to the Tax Law or the IRC.
    property; consideration includes, but is not limited to, the 
    value of the rental and other payments attributable to the          8.  Interest in the real property includes title in fee, a leasehold 
    use and occupancy of the real property or interest therein,             interest, a beneficial interest, an encumbrance, development 
    the value of any amount paid for an option to purchase                  rights, air space and air rights, or any other interest with 
    or renew, and the value of rental or other payments                     the right to use or occupancy of real property; or the right 
    attributable to the exercise of any option to renew.                    to receive rents, profits, or other income derived from real 
  b) In the case of a creation of subleasehold interest;                    property. It also includes an option or contract to purchase 
    consideration includes, but is not limited to, the value of             real property. It does not include a right of first refusal to 
    the sublease rental payments attributable to the use and                purchase real property.
    occupancy of the real property, the value of any amount             9.  Grantor means the person making the conveyance of 
    paid for an option to renew, and the value of rental or                 real property or interest therein; or where the conveyance 
    other payments attributable to the exercise of any option               consists of a transfer or an acquisition of a controlling 
    to renew, less the value of the remaining prime lease                   interest in an entity with an interest in real property, the entity 
    rental payments required to be made.                                    with an interest in real property or a shareholder or partner 
  c) In the case of a transfer or an acquisition of a                       transferring stock or partnership interest, respectively.
    controlling interest in any entity that owns real property;         10. Grantee means the person who obtains real property or any 
    consideration means the fair market value of the real                   interest therein as a result of a conveyance.
    property or interest therein, apportioned based on the              11. Fair market value means the amount a willing buyer would 
    percentage of the ownership interest transferred or                     pay a willing seller for the real property without deducting 
    acquired in the entity.                                                 mortgages or other liens that the property may be taken 
  d)  In the case of an assignment or surrender of a leasehold              subject to as part of the sale or transfer.
    interest or the assignment or surrender of an option or 
    contract to purchase real property; consideration does              Real property situated partly within and partly outside the 
    not include the value of the remaining rental payments              state 
    required to be made pursuant to the terms of such lease,            When real property conveyed is situated partly within and partly 
    or the amount to be paid for the real property pursuant             outside New York State, the consideration subject to tax is the 
    to the terms of the option or contract being assigned or            allocated portion of the total consideration attributable to the 
    surrendered.                                                        property situated within New York State.
  e)  In the case of (1) the original conveyance of shares of 
    stock in a cooperative housing corporation in connection            A statement signed by both the grantor and grantee must be 
    with the grant or transfer of a proprietary leasehold by            attached to Form TP-584 setting forth the total consideration for 
    the cooperative corporation or cooperative plan sponsor             the conveyance and describing the method used to apportion 
    and (2) the subsequent conveyance by the owner thereof              the consideration to the real property situated within New York 
    of such stock in a cooperative housing corporation in               State.
    connection with the grant or transfer of a proprietary 
    leasehold for a cooperative unit other than an individual           Continuing lien deduction 
    residential unit; consideration includes a proportionate            Tax Law § 1402 provides that in the case of (1) a conveyance 
    share of the unpaid principal of any mortgages on the               of a one- to three-family house and an individual residential 
    real property of the cooperative housing corporation                condominium unit, or an interest therein; or (2) conveyances 
    comprising the cooperative dwelling or dwellings. This              where the consideration is less than $500,000, the taxable 
    amount is determined by multiplying the total unpaid                consideration shall exclude the value of any lien or encumbrance 
    principal of the mortgage by a fraction, the numerator of           remaining thereon at the time of the conveyance.
    which is the number of shares of stock in the cooperative           In addition, Tax Law § 1405-B provides that in the case of 
    housing corporation being conveyed in connection with               a resale of an individual residential cooperative unit, the 
    the grant or transfer of the proprietary leasehold, and the         consideration for the interest conveyed shall exclude the value 

Page 4 of 7 TP-584-I (9/19)
of any liens on certificates of stock or other evidences of an         An acquisition of a controlling interest is deemed to have 
ownership interest in, and a proprietary lease from, a corporation     occurred when a grantee acquires a controlling interest from one 
or partnership formed for the purpose of cooperative ownership         or more grantors within a three-year period.
of residential interest in real estate remaining thereon at the time 
of conveyance.                                                         Example: A acquires a 10% interest in Partnership XYZ, which 
                                                                       owns New York real property, from  Xin December 2009. 
Examples:                                                              In March 2011,  Aacquires an additional 25% interest in 
1) A purchases a one-family residence from B for a total               Partnership XYZ from X. In January, 2012,  Aacquires from     Y a 
   consideration of $150,000 ($100,000 in cash and the                 25% interest in Partnership XYZ. Since  Aacquired a total of 50% 
   assumption of B’s existing mortgage of $50,000). Since the          or more of the partnership interest in Partnership XYZ within a 
   existing mortgage which is being assumed would constitute           three-year period,  Ais deemed to have acquired a controlling 
   a continuing lien, in determining the taxable consideration         interest. Therefore, a conveyance of real property by X and Y has 
   for real estate transfer tax (line 3 of Form TP-584,                occurred and X and Y will be liable for the payment of real estate 
   Schedule B)  Acan deduct the amount of the mortgage                 transfer tax on their respective transfers of 35% and 25% interests.
   assumed ($150,000 – 50,000 = $100,000). Consequently, the 
   tax is not computed on the gross consideration, but rather on       Conveyance pursuant to a mortgage foreclosure
   gross consideration less the continuing lien (that is, mortgage     A conveyance pursuant to a mortgage foreclosure or any other 
   assumed).                                                           action governed by the provisions of the Real Property Actions 
2)  A commercial building is sold to  Afor $725,000, comprised         and Proceedings Law, such as the enforcement of a mechanic’s 
   of $400,000 in cash and the assumption by A of an existing          lien pursuant to the Lien Law Article 3, is subject to tax.
   $325,000 mortgage. Since the consideration for the                  Form TP-584.1, Schedule E, Part 1, must be completed and 
   conveyance exceeds $500,000, the transfer tax must be               attached to Form TP-584 in the case of such conveyances.
   computed on $725,000, and the continuing lien deduction is 
   not applicable.                                                     Conveyance to a mortgagee or lienor in lieu of foreclosure 
If a conveyance is pursuant to, or in lieu of, an action to            A conveyance by a defaulting mortgagor or debtor to the 
foreclose a mortgage, lien, or other security interest; the amount     mortgagee or lienor, or its agent, nominee or any entity owned 
of the continuing lien deduction does not include the amount           in whole by that mortgagee or lienor, in lieu of an action to 
of the debt secured by that mortgage, lien, or other security          foreclosure a mortgage or lien, in exchange for cancellation of 
interest, which is the subject of the conveyance.                      the debt secured by the mortgage or lien, is subject to tax.
                                                                       Form TP-584.1, Schedule E, Part 2, must be completed and 
Conveyance pursuant to a divorce or separation agreement               attached to Form TP-584 in the case of such conveyances.
A conveyance of an interest in real property from one spouse 
to the other pursuant to the terms of a divorce or separation          Conveyance in lieu of or pursuant to a secured party’s 
agreement may be subject to transfer tax. There is a rebuttable        enforcement of a lien
presumption in such situation that the consideration for the           A conveyance in lieu of, or pursuant to, a secured party’s 
conveyance, which includes the relinquishment of marital               enforcement of a lien, security interest, or other rights on or 
rights, is equal to the fair market value of the interest in the real  in shares of stock in a cooperative housing corporation or 
property conveyed.                                                     associated proprietary leases or both, upon default by a debtor, 
                                                                       is subject to tax.
Conveyance of a leasehold grant 
The consideration paid to the grantor for the grant of a taxable       Form TP-584.1, Schedule E, Part 3, must be completed and 
lease is the present value of the right to receive the net rental      attached to Form TP-584 in the case of such conveyances.
payments for the term of the lease.                                    A conveyance in lieu of, or pursuant to, a secured party’s 
A discount rate equal to 110% of the federal long-term rate            enforcement of a lien, security interest, or other rights on or 
compounded semiannually, that was in effect 30 days prior to the       in shares of stock, partnership interests, or other instruments, 
date of transfer, is required to be used in determining the present    upon default by a debtor (that is, the transfer or acquisition of a 
value of the right to receive net rental payments for transfer tax     controlling interest in an entity with an interest in real property), 
purposes. If the taxpayer establishes (a) that a discount rate         is subject to tax.
greater than 110% of the federal long-term rate is appropriate in      Form TP-584.1, Schedule E, Part 4, must be completed and 
his or her particular circumstances, and (b) that using a discount     attached to Form TP-584 in the case of such conveyances.
rate equal to 110% of the federal long-term rate results in a 
computation of consideration that exceeds the fair market value        Conveyance which consists of a mere change of identity or 
of the real property subject to the lease or sublease, the Tax         form of ownership or organization 
Department will allow the use of a discount rate that results in 
a computation of consideration that is equal to the fair market        Tax Law § 1405(b)(6) provides an exemption from the real estate 
value of such real property.                                           transfer tax to the extent a conveyance consists of a mere 
                                                                       change of identity, or form of ownership or organization, where 
For a lease created for a term of less than 49 years that contains     there is no change in beneficial interest.
an option to purchase the real property, net rental payments for 
periods that occur after an option is no longer exercisable are        Form TP-584.1, Schedule F, must be completed and attached to 
not included in the calculation of consideration.                      Form TP-584 in the case of such conveyances.

Transfer or acquisition of a controlling interest                      Conveyance for which credit for tax previously paid will be 
                                                                       claimed 
A transfer of a controlling interest is deemed to have occurred 
when a grantor transfers a controlling interest to one or more         1.  A grantor will be allowed a credit against the tax due on the 
grantees within a three-year period.                                      conveyance of real property, to the extent the tax was paid by 
                                                                          the grantor on a prior leasehold grant of all or a portion of the 
                                                                          same real property or on the granting of an option or contract 

                                                                      TP-584-I   Page 5                           (9/19)                  of 7
   to purchase all or a portion of the same real property, by the     is $1.25 million. Since the consideration paid for Unit 3 is 
   grantor.                                                           $1 million or more, the additional tax is imposed on the 
   Form TP-584.1, Schedule G, Part 1, must be completed and           conveyance of that unit. However, the additional tax does not 
   attached to Form TP-584 to support any credit claimed.             apply to Units 1 or 2.

2.  A credit will be allowed upon the original conveyance             Penalties 
   of shares of stock in a cooperative housing corporation 
   in connection with the grant or transfer of a proprietary          Any grantor or grantee failing to file a return or to pay any tax 
   leasehold by the cooperative corporation or cooperative plan       within the time required shall be subject to a penalty of 10% of 
   sponsor, provided the first conveyance of shares of stock          the amount of tax due, plus an interest penalty of 2% of such 
   takes place within 24 months from the conveyance of the            amount for each month of delay, or fraction thereof, following the 
   real property to the cooperative housing corporation. The          expiration of the first month after such return was required to be 
   credit is limited to the proportionate part of the tax paid when   filed or the tax became due. However, the interest penalty shall 
   the real property was conveyed to the cooperative housing          not exceed 25% in the aggregate.
   corporation, to the extent the conveyance would have               If the Commissioner of Taxation and Finance determines that 
   otherwise effectuated a mere change of identity, or form of        such failure or delay was due to reasonable cause and not due 
   ownership, of the property and not a change in the beneficial      to willful neglect, the commissioner shall remit, abate, or waive 
   ownership.                                                         all of the penalty and the interest penalty.
Form TP-584.1, Schedule G, Part 2, must be completed and 
attached to Form TP-584 to support any credit claimed.                Interest 
                                                                      Daily compounded interest will be charged on the amount of the 
Who must pay the real estate transfer tax                             tax due not paid within the time required.
The real estate transfer tax is to be paid by the grantor (seller).   If it is determined that the tax has been overpaid and 
However, if the grantor fails to pay the transfer tax at the time     Form TP-592.2, Real Estate Transfer Tax Claim for Refund, is 
required, or if the grantor is exempt from the tax, the grantee       submitted within two years from the date of payment, interest 
(buyer) shall have the duty to pay the tax.                           shall be allowed and paid on the refund at the rate set pursuant 
In the case where the grantee has the duty to pay the transfer        to Tax Law § 1416.
tax because the grantor has failed to pay, the tax becomes the 
joint and several liability of the grantor and the grantee.           Line instructions for Schedule B
Imposition of additional tax                                          Part 1 
An additional tax is imposed on each conveyance of residential        Line 1 – Enter the amount of consideration. If in 
real property, or interest therein, where the consideration for       Schedule A, items  , , or e f were checked, complete the g
the entire conveyance is $1 million or more. Residential real         applicable Schedule E, F, or G of Form TP-584.1, that must be 
property means the following premises that are, or may be,            attached to Form TP-584. If you are claiming a total exemption 
used in whole or in part as a personal residence at the time          from tax, mark an X in the Exemption claimed box. Do not 
of conveyance: a one- to three-family house; an individual            complete lines 2 through 6. Instead, go to Part 3 on page 2.
residential condominium unit; or a residential cooperative            Line 2 – Enter continuing lien deduction if applicable (see 
apartment. The rate of tax is one percent of the consideration, or    Continuing lien deduction).
part thereof, attributable to the residential real property.
                                                                      Line 5 – Enter the amount of tax credit claimed. Complete and 
The additional tax is to be paid by the grantee, at the same          attach a copy of Form TP-584.1, Schedule G, along with a 
time and in the same manner as the real estate transfer tax.          copy of the original Form TP-584 (previously filed) and proof of 
However, if the grantee fails to pay the tax at the time required,    payment to support the credit claimed.
or if the grantee is exempt from the tax, the grantor shall have 
the duty to pay the tax.
                                                                      Part  3
Examples:                                                             Mark an   in the appropriate box or boxes if you are claiming a X
1) A conveys to  Ba three-family house for a                          total exemption from the transfer tax.
   consideration of $1 million. Since the three-family house 
   constitutes residential real property, the additional tax at a 
   rate of one percent is imposed on the conveyance.                  Instructions for Schedule C 
2)  One unit of a two-family house is used for residential            Who must complete Schedule C
   purposes, and the other unit is used for commercial purposes       The Credit Line Mortgage Certificate must be completed and 
   as a retail store. The owner sells the house for $1.5 million.     filed for all transfers of a fee simple interest in real property. 
   The residential unit is valued at $500,000 while the retail        Mark an   in the appropriate box in Schedule C if this schedule X
   unit is valued at $1 million. In determining whether the           is required.
   consideration for the conveyance is $1 million or more, 
   the consideration for the entire conveyance must be taken          Signatures required for Schedules A, B, 
   into account. In this case, the consideration for the entire 
   conveyance ($1.5 million) exceeds $1 million. Therefore, the       and C 
   conveyance is subject to the additional tax but only on the        Both the grantors and the grantees must sign Form TP-584 
   value of the residential unit ($500,000).                          on page 3. If there is not adequate space for all persons to 
3)  A sponsor of a condominium plan conveys to X Corporation          sign, a separate signature sheet may be used and attached to 
   three residential condominium units. The three units are not       Form TP-584. A separate signature area is provided on page 4 
   used in conjunction with one another. The consideration            for the information contained in Schedule D.
   paid for Unit 1 is $750,000. The consideration paid for 
   Unit 2 is $900,000, and the consideration paid for Unit 3 

Page 6 of 7 TP-584-I (9/19)
Instructions for Schedule D                                           Cooperative unit means the physical space represented 
Note: A separate signature area is provided for Schedules A, B,       by shares of stock in a cooperative housing corporation in 
and C. The signature area on page 3 of Form TP-584 does not           connection with a proprietary leasehold.
apply for purposes of Schedule D.                                     Proprietary leasehold means an agreement between a 
                                                                      cooperative tenant-stockholder and the cooperative housing 
Who must complete Schedule D                                          corporation that defines the rights and obligations of each party 
This schedule is to be executed upon the sale or transfer of a        regarding use and occupancy of the cooperative unit.
fee simple interest in real property or a cooperative unit located 
in New York State by an individual, estate, or trust claiming         Principal residence means your main home within the meaning 
exemption from the estimated personal income tax provisions           of IRC section 121 and for which you can exclude the gain for 
under Tax Law § 663.                                                  federal income tax purposes. Usually the home you live in most 
                                                                      of the time is your main home and can be, but is not limited to: a 
New York State residents – If you are a resident of New York          house, houseboat, mobile home, condominium, or cooperative 
State at the time of the sale or transfer, you must complete          apartment.
Part 1 (see Specific instructions for Schedule D).
                                                                      New York State resident and nonresident defined
New York State nonresidents – If you are a nonresident 
of New York State at the time of sale or transfer, you must           You may have to pay personal income tax as a New York State 
complete Part 2 (see Specific instructions for Schedule D).           resident even if you are not considered a resident for other 
                                                                      purposes. For personal income tax purposes, your resident 
                                                                      status depends on where you are domiciled and where you 
Multiple transferors/sellers                                          maintain a permanent place of abode.
Each grantor/transferor listed in Schedule A (or an attachment 
to Form TP-584) who does not meet the requirements to claim           In general, your domicile is the place you intend to have as your 
exemption from the payment of estimated personal income tax           permanent home. Your domicile is, in effect, the state where 
as stated in Part 1 or Part 2 of Schedule D must either:              your permanent home is located. It is the place you intend to 
                                                                      return to whenever you may be away (as on vacation abroad, 
•  for sale or transfer of real property, present Form IT-2663,       business assignment, education leave, or military assignment).
and pay the full amount of estimated personal income tax due, 
if any, to the recording officer at the time the deed is presented    You can have only one domicile. Your domicile is not changed 
for recording; or                                                     until you can demonstrate that you have abandoned your 
•  for sale or transfer of a cooperative unit, file Form IT-2664,     previous domicile and established a new permanent domicile.
and pay the full amount of estimated personal income tax              If you move to a new location but intend to stay there only for a 
due, if any, to the NYS Tax Department within 15 days of the          limited amount of time (no matter how long), your domicile does 
delivery of the instrument effecting the sale or transfer of the      not change.
cooperative unit.
                                                                      A permanent place of abode is a residence (a building or 
Real property situated partly within and partly outside               structure where a person can live) you permanently maintain, 
New York State – When the real property being sold or                 whether you own it or not, and usually includes a residence your 
transferred is situated partly within and partly outside of           spouse owns or leases. 
New York State, only the property situated inside New York State 
is subject to the requirements of Tax Law § 663.                      Resident individual
                                                                      For purposes of estimated personal income tax under Tax Law 
Definition of terms for Schedule D                                    § 663, you are a New York State resident if at the time of the 
Transferor/seller means the individual, estate, or trust listed       sale or transfer of real property or cooperative unit:
as a grantor/transferor in Schedule A (or an attachment to            a) Your domicile is New York State; or
Form TP-584) making:
                                                                      b) Your domicile is not New York State, but you maintained a 
•  the sale or transfer of a fee simple interest in real property, or   permanent place of abode in New York State for more than 
•  the sale, conveyance, or other disposition of shares of stock        11 months of the tax year and have spent 184 days or more 
in a cooperative housing corporation in connection with the             in New York State during the tax year. However, if you are a 
grant or transfer of a proprietary leasehold by the owner of            member of the armed forces and your domicile is not New 
the shares, where the cooperative unit represented by such              York State, you are not a resident under this definition.
shares is located in New York State. 
Sale or transfer of real property means the change of ownership       Nonresident individual
of a fee simple interest in real property by any method.              For purposes of estimated personal income tax under Tax Law 
                                                                      § 663, you are a New York State nonresident if at the time of the 
Sale or transfer of a cooperative unit means the sale,                sale or transfer of real property or cooperative unit you were not 
conveyance or other disposition of shares of stock in a               a resident.
cooperative housing corporation in connection with the grant or 
transfer of a proprietary leasehold.                                  For more information on residency, visit our website (see Need 
                                                                      Help?).
Cooperative housing corporation means a corporation that 
has only one class of stock that entitles the shareholder to          Resident estate and trust
live in a house or an apartment (cooperative unit) in a building      For purposes of estimated personal income tax under Tax Law 
or on property owned or leased by the corporation. Housing            § 663, if a decedent was domiciled in New York State at the 
cooperatives can be, but are not limited to single-family             time of his or her death, his or her estate is a resident estate 
homes, duplexes, townhouses, apartments, dormitories, land            and any trust created by his or her will is a resident trust. If an 
subdivisions with sites and utilities, mobile home parks, and         irrevocable trust consists of property of a person domiciled 
marinas.                                                              in New York State when such property was transferred to the 
                                                                      irrevocable trust, it is a resident trust. The term resident trust 

                                                                       TP-584-I   Page 7                           (9/19)               of 7
also includes (1) any revocable trust consisting of property           Form TP-584), only the transferors/sellers who can claim this 
of a person domiciled in New York State at the time such               real property or cooperative unit as a principal residence (within 
property was transferred to the trust if it has not later become       the meaning of IRC section 121) at the time of the sale or 
irrevocable and (2) any revocable trust that has later become          transfer can sign and certify the exemption from the estimated 
irrevocable if the trust consists of property of a person domiciled    personal income tax provision under Tax Law § 663(c)(1).
in New York State when it became irrevocable. The residence of 
the fiduciary does not affect the status of an estate or trust as a    Note: Real property or a cooperative unit that qualifies in total 
resident or nonresident.                                               as the principal residence of the transferor/seller qualifies for 
                                                                       the exemption even if part of the gain is not excluded under 
Nonresident estate or trust                                            IRC section 121 because the gain exceeds the amount of the 
                                                                       exclusion provided for in that section.
For purposes of estimated personal income tax under Tax Law 
§ 663 a nonresident estate or trust means an estate or trust that      Transferors/sellers listed in Schedule A of Form TP-584 (or an 
is not a resident estate or trust at the time of the sale or transfer  attachment to Form TP-584) who cannot claim this real property 
of real property or cooperative unit.                                  or cooperative unit as their principal residence at the time of sale 
                                                                       or transfer should not sign Part 2. The transferors/sellers must 
                                                                       instead complete a separate Form IT-2663 or Form IT-2664. For 
Specific instructions for Schedule D                                   more information, see Payment of estimated personal income 
Part 1 – New York State residents                                      tax.
New York State resident transferors/sellers listed in Schedule A 
(or an attachment to Form TP-584), must sign Part 1 to certify         Property used in part as a principal residence
that the transferor/seller is a resident of New York State (as         If a portion of the real property or cooperative unit being 
defined above) at the time of sale or transfer of the real property    sold or transferred qualifies as the principal residence of 
or cooperative unit. If one or more transferors/sellers listed         nonresident transferors/sellers listed in Schedule A (or an 
in Schedule A is a New York State resident, each resident              attachment to Form TP-584) and a portion of the real property 
transferor/seller must sign Part 1. If more signature space is         or cooperative unit does not qualify, do notsign Part  . Instead, 2
needed, photocopy Schedule D and submit as many schedules              each nonresident transferor/seller listed in Schedule A (or 
as necessary to accommodate all resident transferors/sellers.          an attachment to Form TP-584) must complete a separate 
                                                                       Form IT-2663 or Form IT-2664.
If the property is being conveyed by a referee pursuant to a 
foreclosure proceeding, do not complete Part 1, but proceed            Privacy notification – New York State Law requires all 
to Part 2, and mark an   in the second box indicating that X           government agencies that maintain a system of records to 
the transferor/seller is a mortgagor conveying the mortgaged           provide notification of the legal authority for any request for 
property to a mortgagee in foreclosure, or in lieu of foreclosure      personal information, the principal purpose(s) for which the 
with no additional consideration. The referee should then sign at      information is to be collected, and where it will be maintained. 
the bottom.                                                            To view this information, visit our website, or, if you do not 
                                                                       have Internet access, call and request Publication 54, Privacy 
Note: A resident of New York State is not required to pay estimated    Notification. See Need help? for the Web address and telephone 
personal income tax under Tax Law § 663. However, a resident           number.
may still be required to pay estimated personal income tax under 
Tax Law § 685(c), but not as a condition of recording a deed for 
the sale or transfer of real property.                                 Need help?

Part 2 – Nonresidents of New York State                                                 Visit our website at www.tax.ny.gov
New York State nonresident transferors/sellers listed                                   •  get information and manage your taxes online
in Schedule A (or an attachment to Form TP-584) 
must sign Part 2 to certify that the transferor/seller is a                             •  check for new online services and features
nonresident of New York State at the time of the sale or transfer, 
and to claim exemption from payment of estimated personal              Telephone assistance
income tax as provided for under Tax Law § 663. Mark an X in           Mortgage and Transfer Tax Information Center:  518-457-8637
the box of the exemption which applies to this sale or transfer of 
real property or cooperative unit. If any one exemption applies        To order forms and publications:               518-457-5431
to a transferor/seller, that transferor/seller is not required to      Text Telephone (TTY) or TDD                    Dial 7-1-1 for the    
pay estimated personal income tax to New York State under                equipment users                        New York Relay Service
Tax Law § 663. If more signature space is needed, photocopy 
Schedule D and submit as many schedules as necessary to 
accommodate all nonresident transferors/sellers.
Note: If there are one or more transferors/sellers listed 
in Schedule A (or an attachment to Form TP-584), each 
transferor/seller who is claiming exemption from the payment 
of estimated personal income tax under Tax Law § 663 must 
sign Part 2. Each nonresident transferor/seller who does not 
meet one of the exemptions as listed in Part 2 must complete a 
separate Form IT-2663 or Form IT-2664. For more information, 
see Multiple transferors/sellers.

Nonresident exemption for principal residence 
If the real property or cooperative unit being sold or transferred 
qualifies in total as the principal residence of nonresident 
transferors/sellers listed in Schedule A (or an attachment to