Have you amended your pleadings to bring a cause a action for an alleged violation of the Rule 11 Agreement? How do you respond to the case law that holds that amending your pleadings is required prior to filing a motion to enforce the Rule 11 Agreement?
Typically, transfer taxes are payable by the seller. However, if the seller does not pay or is exempt from the tax, the buyer often becomes liable. New York State. The New York State Real Estate Transfer Tax (RETT) is imposed on real property conveyances at a rate of $2 per $500 of consideration. For certain qualified transfers to Real Estate Investment Trusts (REITs) the tax is reduced to $1 per $500 of consideration.
The Pay-O-Matic Corp. is licensed as a Money Transmitter by the New York State Department of Financial Services, the New Jersey Department of Banking, and the Connecticut Department of Banking and offers proprietary bill payment and prepaid services under its Pay-O-Matic Payment System business unit.