The City of Yonkers has enacted legislation to extend the imposition of its additional $0.50 per $100 mortgage recording tax.  The total mortgage recording tax for real property located in the City of Yonkers will continue to be $1.80.  Please click on the link below to see our previous memo dated August 21, 2007 regarding this:

http://www.abstractsinc.com/content.asp?contentid=116

Greene County has elected to impose a County recording tax of $0.50 for each $100.00 secured by a mortgage on property located in that County effective as to mortgages recorded on and after October 1, 2009.  The total mortgage tax imposed on the recording of a mortgage on property located in Greene County will be $1.25 for each $100.00 of principal indebtedness secured.

Short Form Power of Attorney  please note that the pre-September 1, 2009 version of the Short Form Power of Attorney, if executed before that date, may be relied upon after September 1, 2009 if the new form has not been executed.

Remember to visit our website www.AbstractsInc.com for forms, also past and present memos.