N.Y. Real Property Law Section 475
Disclosure

Prior to the signing by the buyer of a binding contract for the sale of real property, the seller shall furnish to any purchaser a written statement disclosing the existence of any private transfer fee obligation. This written statement shall include a description of the private transfer fee obligation and include a statement that private transfer fee obligations are subject to prohibitions under this section.

Source: Section 475 — Disclosure, https://www.­nysenate.­gov/legislation/laws/RPP/475 (updated Sep. 22, 2014; accessed Feb. 28, 2026).

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Verified:
Feb. 28, 2026

Last modified:
Sep. 22, 2014

§ 475. Disclosure's source at nysenate​.gov

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