Form Nfp - Application For Exemption From Real Estate Taxation For Property Owned By Non-Profit Organizations Page 4

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NFP
Exemption from Real Estate Taxation for Property Owned by Non-Profit Organizations
2. OWNER INFORMATION (CONTINUED)
13.
Yes
No
Has the owner ever previously filed an application for exemption on this or any other parcel?
If yes for this or any other parcel, list below the borough, block and lot of all parcels for
which application was made.
If yes for this specific parcel, state what action(s) was taken either by the Department of Finance or the NYC Tax Commission.
14.
Yes
No
Was the property acquired from anyone who has any interest in the owning organization
(e.g., officer, director, employee, member, etc.)? If yes, explain relationship and
circumstances of sale below (include purchase price and terms of sale).
15.
Yes
No
Does any person or organization have a reversionary interest in this property?
If yes, indicate name and address of such person and state terms of right of reverter below.
16.
Yes
No
Is the property mortgaged?
a.
Yes
No
If the property is mortgaged, does the mortgage holder presently or formerly have any
b.
interest in the owning organization?
If yes, explain the relationship and details of mortgage(s), original principal amount,
principal currently outstanding, interest rate, original term of mortgage, and term remaining:
17.
Yes
No
Has any part of this property been conveyed to another person or organization?
a.
Yes
No
Is the property or any part thereof under contract for sale?
b.
Yes
No
Is the property or any part thereof for sale?
c.
If the answer to any of the three questions above is yes, give full details below:
4
8 /2016

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