Form Tp-584.1 - Real Estate Transfer Tax Return Supplemental Schedules (Page 2 of 4) in pdf

Page 2 TP-584.1 (11/09)

Part IV - Conveyance of real property in lieu of or pursuant to a secured party’s enforcement of a lien, security interest or other

rights on or in shares of stock, partnership interests or other instruments (i.e., transfer or acquisition of a controlling

interest in any entity with an interest in real property)

21 Unpaid balance of debt secured by the pledge of the ownership interest in the entity .............................. 21

22 Amount of any other liens, security interests or obligations (not included on line 21) remaining

on the ownership interest in the entity after the conveyance ................................................................... 22

23 Amount of any liens or encumbrances remaining on the real property of the entity after the

conveyance, multiplied by the percentage in the entity being transferred or acquired ........................... 23

24 Amount of any other debt or obligation of the entity, multiplied by the percentage in the entity being

transferred or acquired ............................................................................................................................. 24

25 Any other amount paid by the grantee to the grantor for the conveyance .................................................. 25

26 Total

......................................................................................................................... 26

(add lines 21 through 25)

27 Apportionment of amount on line 26

.................................................................................. 27

(see instructions)

28 Fair market value of real property multiplied by the percentage in the entity being transferred or

acquired .................................................................................................................................................... 28

29 Consideration for conveyance

(enter the amount from line 27 or line 28, whichever is less; also enter on

......................................................................................................... 29

Form TP-584, Schedule B, Part I, line 1)

Schedule F - Conveyance that consists of a mere change of identity or form of ownership or organization (Complete

if condition “f” was checked in Schedule A, Form TP-584)

30 Fair market value of real property at time of conveyance ............................................................................ 30

31 Percentage of interest conveyed not subject to the mere change exemption ............................................ 31

32 Consideration for conveyance

(multiply line 30 by line 31; enter amount here and on Form TP-584,

.............................................................................................................................. 32

Schedule B, Part I, line 1)

33 Continuing lien deduction, if applicable

(see instructions and multiply continuing lien, if any, by percentage

...................... 33

of interest conveyed on line 31; enter amount here and on Form TP-584, Schedule B, Part I, line 2)

34 Taxable consideration

(subtract line 33 from line 32; enter amount here and on Form TP-584, Schedule B,

................................................................................................................................................ 34

Part I, line 3)

Schedule G - Conveyance for which credit for tax previously paid will be claimed (Complete the applicable part

if condition “g” was checked in Schedule A, Form TP-584)

Part

- Computation of credit against tax due on conveyance to the extent tax was paid by grantor on a prior creation

of leasehold

35 Value of consideration grantor is not entitled to receive after conveyance

........................ 35

(see instructions)

36 Value of consideration used in original computation to determine the transfer tax due

..... 36

(see instructions)

37 Percentage of credit to be applied

........................................................................... 37

(divide line 35 by line 36)

38 Transfer tax paid by grantor on prior grant of leasehold

(attach copy of original Form TP-584 previously

............................................................................................................................ 38

filed and proof of payment)

39 Amount of credit to be applied to transfer tax due on current conveyance

(multiply line 37 by line 38;

.................................................................... 39

enter amount here and on Form TP-584, Schedule B, Part I, line 5)

Part II - Computation of credit against tax due on conveyance of cooperative shares to the extent tax

was paid on conveyance to the cooperative housing corporation

40 Number of shares allocated to the unit(s) for which proprietary leasehold(s) is being granted ................... 40

41 Total number of shares of stock in the cooperative housing corporation .................................................... 41

42 Percentage of credit to be applied

............................................. 42

(see instructions and divide line 40 by line 41)

43 Transfer tax paid on conveyance of the real property to the cooperative housing corporation

(attach

.......................................................................... 43

copy of original TP-584 previously filed and proof of payment)

44 Percentage of interest that would have qualified as a mere change on conveyance to cooperative

housing corporation.................................................................................................................................. 44

45 Proportionate amount of transfer tax paid on conveyance

................................... 45

(multiply line 43 by line 44)

46 Amount of credit to be applied to transfer tax due on conveyance of units for which proprietary

leasehold(s) is being granted

(multiply line 42 by line 45; enter amount here and on Form TP-584,

............................................................................................................................. 46

Schedule B, Part I, Line 5)