For conveyances of real property, or interest therein, located in New York City, you must use Form TP-584-NYC.
| For conveyances of real property, or interest therein, located in New York City, you must use Form TP-584-NYC. |
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TP-584 (9/19)
Department of Taxation and Finance Recording office time stamp
Combined Real Estate Transfer Tax Return,
Credit Line Mortgage Certificate, and
Certification of Exemption from the
Payment of Estimated Personal Income Tax
See Form TP-584-I, Instructions for Form TP-584, before completing this form. Print or type.
Schedule A – Information relating to conveyance
Grantor/Transferor Name(if individual, last, first, middle initial) ( mark an ifXmore than one grantor) Social Security number (SSN)
Individual
Corporation Mailing address SSN
Partnership
Estate/Trust City State ZIP code Employer Identification Number (EIN)
Single member LLC
Multi-member LLC Single member’s name if grantor is a single member LLC(see instructions) Single member EIN or SSN
Other
Grantee/Transferee Name(if individual, last, first, middle initial) ( mark an ifXmore than one grantee) SSN
Individual
Corporation Mailing address SSN
Partnership
Estate/Trust City State ZIP code EIN
Single member LLC
Multi-member LLC Single member’s name if grantee is a single member LLC (see instructions) Single member EIN or SSN
Other
Location and description of property conveyed
Tax map designation – SWIS code Street address City, town, or village County
Section, block & lot (six digits)
(include dots and dashes)
Type of property conveyed(mark an Xin applicable box)
1 One- to three-family house 6 Apartment building Date of conveyance Percentage of real property
2 Residential cooperative 7 Office building conveyed which is residential
3 Residential condominium 8 Four-family dwelling month day year real property %
4 Vacant land 9 Other (see instructions)
5 Commercial/industrial
Condition of conveyance f. Conveyance which consists of a l. Option assignment or surrender
(mark an Xin all that apply) mere change of identity or form of
ownership or organization (attach m. Leasehold assignment or surrender
a. Conveyance of fee interest Form TP-584.1, Schedule F)
n. Leasehold grant
b. Acquisition of a controlling interest (state g. Conveyance for which credit for tax
percentage acquired %) previously paid will be claimed (attach o. Conveyance of an easement
Form TP-584.1, Schedule G)
c. Transfer of a controlling interest (state p. Conveyance for which exemption
h. Conveyance of cooperative apartment(s)
percentage transferred %) from transfer tax claimed (complete
Schedule B, Part 3)
d. Conveyance to cooperative housing i. Syndication
corporation q. Conveyance of property partly within
and partly outside the state
e. Conveyance pursuant to or in lieu of j. Conveyance of air rights or
foreclosure or enforcement of security development rights r. Conveyance pursuant to divorce or separation
interest (attach Form TP-584.1, Schedule E) k. Contract assignment
s. Other (describe)
For recording officer’s use Amount received Date received Transaction number
Schedule B, Part 1 $
Schedule B, Part 2 $
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Page 2 of 4 TP-584 (9/19)
Schedule B – Real estate transfer tax return (Tax Law Article 31)
Part 1 – Computation of tax due
1 Enter amount of consideration for the conveyance (if you are claiming a total exemption from tax, mark an Xin the
Exemption claimed box, enter consideration and proceed to Part 3) ................................ Exemption claimed 1.
2 Continuing lien deduction (see instructions if property is taken subject to mortgage or lien) .......................................... 2.
3 Taxable consideration (subtract line 2 from line 1) ................................................................................................... 3.
4 Tax: $2 for each $500, or fractional part thereof, of consideration on line 3 ........................................................ 4.
5 Amount of credit claimed for tax previously paid (see instructions and attach Form TP-584.1, Schedule G) ............... 5.
6 Total tax due* (subtract line 5 from line 4) ................................................................................................................ 6.
Part 2 – Computation of additional tax due on the conveyance of residential real property for $1 million or more
1 Enter amount of consideration for conveyance (from Part 1, line 1) ....................................................................... 1.
2 Taxable consideration (multiply line 1 by the percentage of the premises which is residential real property, as shown in Schedule A) ... 2.
3 Total additional transfer tax due* (multiply line 2 by 1% (.01)) .................................................................................. 3.
Part 3 – Explanation of exemption claimed on Part 1, line 1 (mark an Xin all boxes that apply)
The conveyance of real property is exempt from the real estate transfer tax for the following reason:
a. Conveyance is to the United Nations, the United States of America, New York State, or any of their instrumentalities, agencies,
or political subdivisions (or any public corporation, including a public corporation created pursuant to agreement or compact
with another state or Canada) ............................................................................................................................................................ a
b. Conveyance is to secure a debt or other obligation............................................................................................................................ b
c. Conveyance is without additional consideration to confirm, correct, modify, or supplement a prior conveyance ............................... c
d. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying
realty as bona fide gifts ....................................................................................................................................................................... d
e. Conveyance is given in connection with a tax sale............................................................................................................................. e
f. Conveyance is a mere change of identity or form of ownership or organization where there is no change in beneficial
ownership. (This exemption cannot be claimed for a conveyance to a cooperative housing corporation of real property
comprising the cooperative dwelling or dwellings.) Attach Form TP-584.1, Schedule F .................................................................... f
g. Conveyance consists of deed of partition ........................................................................................................................................... g
h. Conveyance is given pursuant to the federal Bankruptcy Act............................................................................................................. h
i. Conveyance consists of the execution of a contract to sell real property, without the use or occupancy of such property, or
the granting of an option to purchase real property, without the use or occupancy of such property ................................................. i
j. Conveyance of an option or contract to purchase real property with the use or occupancy of such property where the
consideration is less than $200,000 and such property was used solely by the grantor as the grantor’s personal residence
and consists of a one-, two-, or three-family house, an individual residential condominium unit, or the sale of stock
in a cooperative housing corporation in connection with the grant or transfer of a proprietary leasehold covering an
individual residential cooperative apartment....................................................................................................................................... j
k. Conveyance is not a conveyance within the meaning of Tax Law, Article 31, § 1401(e) (attach documents
supporting such claim) ........................................................................................................................................................................... k
* The total tax (from Part 1, line 6 and Part 2, line 3 above) is due within 15 days from the date of conveyance. Make check(s) payable to
the county clerk where the recording is to take place. For conveyances of real property within New York City, use Form TP-584-NYC. If a
recording is not required, send this return and your check(s) made payable to the NYS Department of Taxation and Finance, directly to the
NYS Tax Department, RETT Return Processing, PO Box 5045, Albany NY 12205-0045. If not using U.S. Mail, see Publication 55, Designated
Private Delivery Services.
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Page 3 of 4 TP-584 (9/19)
Schedule C – Credit Line Mortgage Certificate (Tax Law Article 11)
Complete the following only if the interest being transferred is a fee simple interest.
This is to certify that:(mark an Xin the appropriate box)
1. The real property being sold or transferred is not subject to an outstanding credit line mortgage.
2. The real property being sold or transferred is subject to an outstanding credit line mortgage. However, an exemption from the tax
is claimed for the following reason:
a The transfer of real property is a transfer of a fee simple interest to a person or persons who held a fee simple interest in the
real property (whether as a joint tenant, a tenant in common or otherwise) immediately before the transfer.
b The transfer of real property is (A) to a person or persons related by blood, marriage or adoption to the original obligor or
to one or more of the original obligors or (B) to a person or entity where 50% or more of the beneficial interest in such real
property after the transfer is held by the transferor or such related person or persons (as in the case of a transfer to a trustee for
the benefit of a minor or the transfer to a trust for the benefit of the transferor).
c The transfer of real property is a transfer to a trustee in bankruptcy, a receiver, assignee, or other officer of a court.
d The maximum principal amount secured by the credit line mortgage is $3 million or more, and the real property being sold
or transferred is not principally improved nor will it be improved by a one- to six-family owner-occupied residence or dwelling.
Note: for purposes of determining whether the maximum principal amount secured is $3 million or more as described above, the
amounts secured by two or more credit line mortgages may be aggregated under certain circumstances. See TSB-M-96(6)-R for
more information regarding these aggregation requirements.
e Other (attach detailed explanation).
3. The real property being transferred is presently subject to an outstanding credit line mortgage. However, no tax is due for the
following reason:
a A certificate of discharge of the credit line mortgage is being offered at the time of recording the deed.
b A check has been drawn payable for transmission to the credit line mortgagee or mortgagee’s agent for the balance due, and a
satisfaction of such mortgage will be recorded as soon as it is available.
4. The real property being transferred is subject to an outstanding credit line mortgage recorded in
(insert liber and page or reel or other identification of the mortgage). The maximum principal amount of debt or obligation secured
by the mortgage is . No exemption from tax is claimed and the tax of
is being paid herewith. (Make check payable to county clerk where deed will be recorded.)
Signature (both the grantors and grantees must sign)
The undersigned certify that the above information contained in Schedules A, B, and C, including any return, certification, schedule, or
attachment, is to the best of their knowledge, true and complete, and authorize the person(s) submitting such form on their behalf to receive a
copy for purposes of recording the deed or other instrument effecting the conveyance.
Grantor signature Title Grantee signature Title
Grantor signature Title Grantee signature Title
Reminder: Did you complete all of the required information in Schedules A, B, and C? Are you required to complete Schedule D? If you
marked e, ,for ingSchedule A, did you complete Form TP-584.1? Have you attached your check(s) made payable to the county clerk where
recording will take place?If no recording is required, send this return and your check(s), made payable to the NYS Department of Taxation
and Finance, directly to the NYS Tax Department, RETT Return Processing, PO Box 5045, Albany NY 12205-0045. If not using U.S. Mail,
see Publication 55, Designated Private Delivery Services.
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Page 4 of 4 TP-584 (9/19)
Schedule D – Certification of exemption from the payment of estimated personal income tax (Tax Law, Article 22, § 663)
Complete the following only if a fee simple interest or a cooperative unit is being transferred by an individual or estate or trust.
If the property is being conveyed by a referee pursuant to a foreclosure proceeding, proceed to Part 2, mark an Xin the second box
under Exemption for nonresident transferors/sellers , and sign at bottom.
Part 1 – New York State residents
If you are a New York State resident transferor/seller listed in Form TP-584, Schedule A (or an attachment to Form TP-584), you must sign
the certification below. If one or more transferor/seller of the real property or cooperative unit is a resident of New York State, each resident
transferor/seller must sign in the space provided. If more space is needed, photocopy this Schedule D and submit as many schedules as
necessary to accommodate all resident transferors/sellers.
Certification of resident transferors/sellers
This is to certify that at the time of the sale or transfer of the real property or cooperative unit, the transferor/seller as signed below was a
resident of New York State, and therefore is not required to pay estimated personal income tax under Tax Law § 663(a) upon the sale or
transfer of this real property or cooperative unit.
Signature Print full name Date
Signature Print full name Date
Signature Print full name Date
Signature Print full name Date
Note: A resident of New York State may still be required to pay estimated tax under Tax Law § 685(c), but not as a condition of recording a
deed.
Part 2 – Nonresidents of New York State
If you are a nonresident of New York State listed as a transferor/seller in Form TP-584, Schedule A (or an attachment to Form TP-584) but
are not required to pay estimated personal income tax because one of the exemptions below applies under Tax Law § 663(c), mark an Xin
the box of the appropriate exemption below. If any one of the exemptions below applies to the transferor/seller, that transferor/seller is not
required to pay estimated personal income tax to New York State under Tax Law § 663. Each nonresident transferor/seller who qualifies
under one of the exemptions below must sign in the space provided. If more space is needed, photocopy this Schedule D and submit as
many schedules as necessary to accommodate all nonresident transferors/sellers.
If none of these exemption statements apply, you must complete Form IT-2663, Nonresident Real Property Estimated Income Tax Payment
Form,or Form IT-2664, Nonresident Cooperative Unit Estimated Income Tax Payment Form.For more information, see Payment of estimated
personal income tax, on Form TP-584-I, page 1.
Exemption for nonresident transferors/sellers
This is to certify that at the time of the sale or transfer of the real property or cooperative unit, the transferor/seller (grantor) of this real
property or cooperative unit was a nonresident of New York State, but is not required to pay estimated personal income tax under Tax Law
§ 663 due to one of the following exemptions:
The real property or cooperative unit being sold or transferred qualifies in total as the transferor’s/seller’s principal residence
(within the meaning of Internal Revenue Code, section 121) from to (see instructions).
Date Date
The transferor/seller is a mortgagor conveying the mortgaged property to a mortgagee in foreclosure, or in lieu of foreclosure with
no additional consideration.
The transferor or transferee is an agency or authority of the United States of America, an agency or authority of New York State,
the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage
Association, or a private mortgage insurance company.
Signature Print full name Date
Signature Print full name Date
Signature Print full name Date
Signature Print full name Date
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