pied a terre tax and title insurance
I am curious as to how the title insurance world is dealing with this potential pied a terre tax issue. Will there be an available search to determine if a property is potentially subject to it? How will it be addressed under a title policy for a buyer if the seller may have liability for the pied a terre tax. Just trying to grapple with this new issue on our deals moving forward. Any thoughts on the subject whenever would be greatly appreciated. Thanks and have a great weekend everyone. With gratitude, Derin Edip Walden, Esq. NEW YORK CITY: 60 East 42nd Street, 46th floor, New York, NY 10165 WESTCHESTER: 118 North Bedford Road, Suite 100, Mount Kisco, New York 10549 Tel (914)517-7584 Fax (914)752-0373 email: derin@edipwalden.com<mailto:derin@edipwalden.com> IMPORTANT WIRE FRAUD NOTICE: Online banking is on the rise. If you receive an email from our office containing WIRE INSTRUCTIONS, call us at our main office number to verify the information verbally prior to sending funds.
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Derin Edip Walden