- February 20, 2004
- All Issuing Offices in New York
- Westchester County Mortgage Tax Increase
The Westchester County Board of Legislators will be meeting Monday February 23rd, at which time it is expected they will pass the law raising the mortgage tax for Westchester County.
The increase is 1/4% on all mortgages recorded on March 1, 2004 or later. The date of the mortgage will have no effect on the applicability of the increase.
It is suggested that the increased tax be collected immediately, especially on those transactions with a right of rescission.
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