About
Legacy Title Services
We are the premier NY Title Insurance Agency, serving attorneys, realtors, lenders, and current and future homeowners.
Our team as diverse backgrounds in every aspect of real estate and, most notably, over 100 years of combined experience in the title insurance industry. This level of collaborative expertise allows us to provide a superior experience for our clients.
Covering the entire state of New York, we use a combination of speed, accuracy, and technology to ensure a smooth transaction while maintaining a high level of personalized customer service. We will manage the timeline and deliver an easy-to-read summary of the property history.
Deeds
In New York, deeds must include the names and addresses of both the seller and the purchaser along with a complete legal description of the property being transferred. All signatures must be original and notarized properly according to New York state requirements before submitting for recording. When presenting to the county, two forms, the TP-584 & the RP-5217 are also necessary.
Wine & Dessert Party
Deeds
RP-5217
The barcode found at the bottom of the RP-5217, captures all data entered and recalculates each time the information is changed/added/deleted. The form must be saved every time the document is re-opened and changed in order to capture the changes prior to being printed for signatures. It is imperative that the transfer information be complete & accurate when entered into the document Get the form here!
Wine & Dessert Party
RP-5217
TP-584
Each county in New York assesses transfer taxes on deeds with a valuable consideration of $500 or above. Although the fees vary by county, they are generally calculated by a dollar amount per $500 or $1,000 of the purchase price. Because the transfer is also taxed at the state level, counties often lump its tax and the state's together. File Form TP-584 must be filed for each conveyance of real property from a grantor to a grantee and include the Social Security numbers for both. Out of state sellers may have different requirements.
Wine & Dessert Party
TP-584
RP-5217
Are you or your client eligible for STAR tax exemption? If you own your home, it’s your primary residence, and your income is $500,000 or less, you’re eligible for the Basic STAR credit. In addition, if you’re 65 or older with an income of $88,050 or less, you may be eligible for the Enhanced STAR credit. In the first year of home ownership you may receive the prior owner’s STAR exemption. In future years, as long as you’re eligible, you will receive a STAR check. You don’t need to register again. Click here for information on how to register.