Peconic Bay Region Community Form PDF Details

Welcome to the Peconic Bay Region Community Form! Our mission here is to bring together people from all walks of life in the Long Island area and join forces to help each other out. We are a diverse and dynamic group that works together for mutual benefit: whether it's providing support, resources, contacts or just sharing stories about things going on in our local communities; we come together with enthusiasm for empowerment. This forum provides members a platform where they can voice their concerns, express their passions and connect with one another in search of like-minded individuals and organizations. So let's get started – explore this form now and see what great connections you could make!

QuestionAnswer
Form NamePeconic Bay Region Community Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namessuffolk county peconic bay tax form, peconic bay tax form, peconic bay transfer tax, peconic bay tax

Form Preview Example

Peconic Bay Region

Community Preservation Fund

Proceeds of this transfer tax are disbursed to the Townships in which the transaction takes place for its acquisition of land, development rights, and other interests in property for conservation purposes.

Please print or type.

Townships:

 

East Hampton

03

Riverhead

06

Shelter Island

07

Southampton

09

Southold

10

Schedule A Information Relating to Conveyance

 

Grantor

Name (individual; last, first, middle initial)

 

Social Security Number

 

 

 

 

 

 

 

 

 

 

Individual

 

 

 

 

 

 

 

 

 

 

Corporation

Mailing address

 

 

Social Security Number

 

 

 

 

 

 

 

 

 

 

Partnership

 

 

 

 

 

 

 

 

 

 

City

State

ZIP code

Federal employer idenl. number

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grantee

Name (individual; last, first, middle initial)

 

Social Security Number

 

 

Individual

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporation

Mailing address

 

 

Social Security Number

 

 

 

 

 

 

 

 

 

 

Partnership

 

 

 

 

 

 

 

 

 

 

Other

City

State

ZIP code

Federal employer idenl. number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Location and description of property conveyed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dist

Tax map designation

Section

Block

Lot

Address

Village

Town

Type of property conveyed (check applicable box)

 

 

 

 

 

 

 

 

 

 

 

 

Date of conveyance

 

Dual Towns:

 

Improved

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vacant land

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

month

day

year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Condition of conveyance (check all that apply)

 

 

 

 

 

 

 

 

 

 

a. - Conveyance of fee interest b. - Acquisition of a

f. - Conveyance which consists of a mere

k. - Contract assignment

 

controlling interest (state

 

change of identity or form of ownership or

l. - Option assignment or surrender

 

percentage acquired ______________ %)

 

organization

m. - Leasehold assignment or surrender n. -

 

c. - Transfer of a controlling interest (state

g. - Conveyance for which credit (or tax

Leasehold grant

 

percentage transferred ____________ %)

 

previously paid will be claimed

o. - Conveyance of an easement p. -

 

d. - Conveyance to cooperative housing

h. - Conveyance of cooperative apartment(s) i.

Conveyance for which exemption is

 

corporation

claimed (complete Schedule B. Part II)

 

 

- Syndication

 

 

 

e. - Conveyance pursuant to or in lieu of

j. - Conveyance of air rights or development

q. - Conveyance of property partly within and

 

foreclosure or enforcement of security

 

rights

 

 

partly without the state

 

interest

 

 

 

 

 

r. - Other (describe) ____________________

 

Schedule B - Community Preservation Fund

PART I - Computation of Tax Due

1.Enter amount of consideration for the conveyance (from line 1 TP584 Schedule B)

2.Allowance (see below)

3.Taxable consideration (subtract line 2 from line 1)

4.2% Community Preservation Fund (of line 3) make certified check payable to SUFFOLK COUNTY CLERK

5.Property not subject to CPF Tax (See Schedule C)

1

2

3

4

5

For recording officer's use

Amount received

Date received

Transaction number

Allowance:

 

 

East Hampton

$250,000.00 Improved

$100,000.00 Vacant Land (Unimproved)

Shelter Island

$250,000.00 Improved

$100,000.00 Vacant Land (Unimproved)

Southampton

$250,000.00 Improved

$100,000.00 Vacant Land (Unimproved)

Riverhead

$150,000.00 Improved

$ 75,000.00 Vacant Land (Unimproved)

Southold

$150,000.00 Improved

$ 75,000.00 Vacant Land (Unimproved)

12-0213.. 09/01cg

Schedule

C

-

(continued)

PART II - Explanation of Exemption Claimed in Part I, line 1 (check any 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, the state of New York 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)

b. Conveyance is to secure a debt or other obligation

c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyance

d. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying realty as bona fide gifts

e. Conveyance is given in connection with a tax sale

f. Conveyance is 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.)

g. Conveyance consists of deed of partition

h. Conveyance is given pursuant to the federal bankruptcy act

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

j. Conveyance or real property which is subject to restrictions which prohibit the use of the entire property for any purposes

except agriculture, recreation or conservation, pursuant to Section 1449-ee (2) (j) or (k) of Article 31-D of the Tax Law. (See required Town approval, below)

k. Conveyance of real property for open space, parks, or historic preservation purposes to any not-for-profit tax exempt corporation operated for conservation, environmental, or historic preservation purposes.

l. Other list explanations in space below (Grandfather/Contract)

m. The conveyance is approved for an exemption from the Community Preservation Transfer Tax, under Section 1449-ee of Article 31-D of the Tax law. (See j in Schedule C)

_______________________________________________________________

Town Attorney or other designated official

PENALTIES AND INTEREST

PENALTIES

Interest

Any grantor or grantee failing to file a return or to pay any tax within the time required shall be subject to a penalty of 10% of the amount of tax due plus an interest penalty of 2% of such amount of each month of delay or fraction thereof after the expiration of the first month after such return was required to be filed or the tax became due. However, the interest penalty shall not exceed 25% in the aggregate.

Daily compounded interest will be charged on the amount of the tax due not paid within the time required.

Signature

(both

the

grantor(s)

and

grantee(s)

must

sign).

The undersigned certify that the above return, including any certification, schedule or attachment, is to the best of his/her knowledge, true and complete.

Grantor

Grantee

Grantor

Grantee

12-0213:: 09/01cg

How to Edit Peconic Bay Region Community Form Online for Free

peconic bay region preservation fund can be completed online effortlessly. Simply make use of FormsPal PDF tool to perform the job fast. FormsPal is committed to providing you with the ideal experience with our editor by consistently introducing new features and enhancements. Our tool is now even more user-friendly with the most recent updates! So now, working with documents is simpler and faster than ever. Here's what you'd need to do to begin:

Step 1: Just hit the "Get Form Button" above on this page to start up our pdf form editor. There you'll find all that is necessary to fill out your file.

Step 2: This tool provides you with the capability to modify almost all PDF documents in many different ways. Transform it by adding your own text, correct original content, and place in a signature - all at your convenience!

With regards to the blanks of this specific form, here is what you need to know:

1. The peconic bay region preservation fund usually requires certain information to be inserted. Make certain the following blank fields are completed:

peconic bay community preservation fund conclusion process detailed (part 1)

2. Once your current task is complete, take the next step – fill out all of these fields - a Conveyance of fee interest b, percentage acquired, c Transfer of a controlling, percentage transferred, d Conveyance to cooperative, corporation, e Conveyance pursuant to or in, foreclosure or enforcement of, rights, Schedule B Community Preservation, Conveyance which consists of a, change of identity or form of, g Conveyance for which credit or, h Conveyance of cooperative, and Syndication Conveyance of air with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

peconic bay community preservation fund writing process explained (portion 2)

A lot of people generally get some things wrong while completing Conveyance which consists of a in this part. Be sure you re-examine what you type in here.

3. The following step is about a Conveyance is to the United, agencies or political subdivisions, b Conveyance is to secure a debt, c Conveyance is without additional, d Conveyance of real property is, realty as bona fide gifts, e Conveyance is given in, f Conveyance is mere change of, This exemption cannot be claimed, g Conveyance consists of deed of, h Conveyance is given pursuant to, i Conveyance consists of the, and granting of an option to purchase - complete all these fields.

h Conveyance is given pursuant to, a Conveyance is to the United, and g Conveyance consists of deed of of peconic bay community preservation fund

4. It is time to start working on this fourth part! Here you will have all of these j Conveyance or real property, except agriculture recreation or, k Conveyance of real property for, corporation operated for, l Other list explanations in space, m The conveyance is approved for, Article D of the Tax law See j in, Town Attorney or other designated, Penalties and Interest, Penalties, Any grantor or grantee failing to, and Interest Daily compounded interest blank fields to do.

peconic bay community preservation fund completion process shown (portion 4)

5. Lastly, the following last subsection is what you have to wrap up before using the PDF. The fields in this instance include the next: Signature sign The undersigned, Grantor, Grantor, Grantee, and Grantee.

peconic bay community preservation fund writing process shown (portion 5)

Step 3: Right after rereading your form fields, hit "Done" and you're good to go! Go for a 7-day free trial account at FormsPal and acquire immediate access to peconic bay region preservation fund - readily available from your personal cabinet. At FormsPal.com, we do our utmost to make sure that your information is maintained private.

Peconic Bay Region Community Form isn’t the one you’re looking for?

Related Documents