Form Rp-953 - Notice Of Change In Status Of Tax Escrow Accounts Page 2
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2RP-953 (1/01)
New York State Department of Taxation & Finance
Office of Real Property Tax Services
Instructions for Form RP-953: Notice of Change in Status of Tax Escrow Accounts
Under New York State law, whenever there has been a change in the status of a real property tax escrow
account (in other words, whenever a new escrow account is created, or an existing account is transferred or
terminated), the financial institution or its agent must notify the local taxing authorities promptly, so that the tax
billing records may be updated (see, Real Property Tax Law, §953(9)). The RP-953 is the form that has been
prescribed for this purpose. The essential requirements are as follows:
Who must file: The RP-953 must be completed and filed by the Mortgage Investing Institution (MII) that
maintains the account, or by its authorized agent, usually a Tax Service Organization (TSO).
When to file:
Whenever there has been a change in the status of an escrow account, an RP-953 must be
filed by the 25
day of the following month.
th
Where to file:
The RP-953 must be filed with the County Director of Real Property Tax Services of the
county in which the property is located. Note: If the property is located in New York City, the
RP-953 must be filed with the Commissioner of Finance. If the local tax collecting officer has
asked for copies of these forms, file a copy with his or her office as well.
How to file:
The RP-953 is designed to serve as a cover sheet to report many escrow creations, transfers
or terminations at once. Do not prepare a separate RP-953 for each property. Rather, prepare
one RP-953 for all the properties in the same city or town which had the same status change
during the prior month. Prepare a list identifying the properties covered by that RP-953, and
attach that list to the RP-953. The MII or TSO must prepare the RP-953 and the list in the
manner described below.
Preparing the RP-953: Enter the following information on the RP-953 where indicated:
•
The name of the county and of the city or town in which the properties are located.
Note: A separate RP-953 must be prepared for each city and town.
•
The date the form was completed.
•
The type of status change. Check either the Creation, Transfer, or Termination box, whichever
applies. Note: Check only one box per form. If there was more than one type of status change during
the month in question, prepare a separate RP-953 (and list) for each.
•
The effective date of the status changes (i.e., the date that the accounts were created, transferred or
terminated). Note: If the effective dates are shown on the list, enter “See list” instead. If the “Transfer”
box is checked, also enter the name and address of the new MII or TSO.
•
The name and address of the MII, and of the TSO, if any.
•
The name of a contact person (or unit) at the MII or TSO, and his or her telephone number.
Preparing the list: Attach a computer-generated or typewritten list identifying the affected properties. The list
must show clearly for each property:
•
The tax map identification number. Note: This must be the first item displayed in each entry.
•
The owner’s name.
•
The property location. Note: This is not necessarily the same as the mailing address.
•
The effective date of each status change, if not shown on the face of the RP-953 itself.
•
This list does not need to be on a particular form, but there is a suggested form, the RP-953-ATT,
which is available from the Office of Real Property Tax Services by calling (518) 591-5233, or by
visiting:
For further information, contact the appropriate County Director of Real Property Tax Services.
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