ACRIS Announcements Archive

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	Announcements Archive May 31, 2005 (ACRIS 2.1.7) Cover Page Effective June 1, 2005 the additional mortgage recording tax was increased from $.25 to $.30 for each 100.00 secured by the mortgage for counties located in the Metropolitan Commuter Transportation District (MCTD). The Cover Page application calculates mortgage recording taxes and fees based on the date of first submission to the City Register, or in its absence, the current date. The Cover Page application permits the editing of the Address portion of the party information for Cover Pages with an associated E-Tax transaction. The functionality of the party tab is similar to the functionality provided for non-E-Tax transactions with the following exceptions: Parties 1 and 2: - There is NO Delete button - Upon clicking the Edit button, all information is placed in the fields above the grid with the Last Name, First Name, Middle Initial, Name Suffix, and Business Name grayed out and not editable. - The user is only able to make changes to the address fields. - Users do not have the ability to add any new parties; Users can only replace sequence numbers after editing an address. The Party 3 tab is now fully editable which also includes the Delete and Copy buttons. Tax Calculator The Document Date label on Tax Calculator Mortgage Recording Tax tab has been changed to "Submission Date." April 29, 2005 (ACRIS 2.1.6) Cover Page A statement is added to the Document ID pop up window informing users that they agree the information provided on the cover page is, to the best knowledge and belief of preparer, true, correct and complete. Cover Page print functions are enhanced to prevent printing of incomplete cover pages and associated payment cover pages. When completing a Cover Page for a Release or Partial Release of Mortgage, a pop-up window now appears when leaving the Document screen. The questions should be answered, printed, and attached as a Supporting Document. To accommodate Mortgage Recording Tax requirements, additional questions are now asked on the Mortgage Recording Tax screen for Spreader Mortgages, Wraparound Mortgages and Additional Collateral Mortgages. The appropriate Supporting Documents can now be printed and are required. The Aggregate Mortgage question on the MRT screen within the Fees & Taxes tab is changed to include a note informing customers to submit the appropriate affidavit with the document if the mortgage being recorded is not an aggregate mortgage. The Mortgage Recording Tax calculation now calculates taxes for apportionment mortgages with or without an MT-15 form. Party information on the Party Tab is no longer editable if an E-Tax transaction is retrieved in the Cover Page. Party information must be edited within the associated E-Tax transaction. The suffix name for a grantor or grantee entered in E-Tax Forms is now copied to Cover Page. Document Search Party names with a double apostrophe (") are corrected to display only one apostrophe. Viewing of document images is improved to allow users to view images without modifying their proxy settings. The name entered on the Print Checkout screen is limited to 50 characters. Index search results for a Transaction Number search now display party names even if the records do not have affiliated property. When a print request for a certified copy greater than 25 pages is displayed, the /'select the page range/' drop-drop down is no longer displayed. All screens and printouts where the "Party 3" label is displayed or printed are changed to "Party 3/Other" to accommodate recordings of life estates. E-Tax Forms Selecting the \'Print All Forms\' button for a tax transaction with a status of IN USE or RECORDED will now print all tax forms. RPTT (Real Property Transfer Tax Return) - Selecting "YES" for item "C" on Schedule B, exempts the transfer from Real Property Transfer Tax. RP-5217 (Real Property Transfer Report) - Item 12. Full Sale Price on the printed RP-5217 accommodates sales prices up to $99,999,999,999.99. TP-584 (Real Estate Transfer Tax Return) - A Continuing Lien Deduction can now only be entered on Schedule B, Part I for the conveyance of a 1 - 3 family house or where the Consideration amount is less than $500,000.00. - Condition of Conveyances "I", "J" and "L" are correctly checked on the printed form when it is selected within the application. Tax Calculator An error message is displayed when a value greater than $99,999,999,999.99 is entered in any of the amount fields and the /'Calculate Taxes/' button is selected. March 11, 2005 (ACRIS 2.1.5) E-Tax Forms: Real Property Transfer Tax Return (RPTT) The link to the RPTT form on E-Tax Online Help has been updated to display the January 27th, 2005 release of the RPTT form. Document Search Clicking the 'New Name Search' link at the top of the Search Results grid after no records are found will now display the Name Search screen. Cover Page The release of an E-Tax transaction from a Cover Page session will now permanently delete the associated BBL information from the Document Info Tab. December 10, 2004 (ACRIS 2.1.4) Cover Page On the Document Screen, a tax transaction associated to another Cover Page transaction currently being accessed by will not be retrievable. E-Tax Forms: RP-5217 (Real Property Transfer Report) Additional grantors can now be viewed on the Grantor Screen. September 24, 2004 (ACRIS 2.1.3) Document Search The Recording and Endorsement Cover Pages for recorded documents will now be endorsed with the new City Register's signature. August 19, 2004 (ACRIS 2.1.2) E-Tax Forms: TP-584 / RETT (Real Estate Transfer Tax Return) Schedule C is now required for all TP-584s, regardless of transfer type. In Schedule D, the Non-Resident Exemption Type check boxes are now optional. E-Tax Forms: RPTT (Real Property Transfer Tax Return) In Schedule 2, Excludable Liens amounts can now be entered if there are multiple properties. July 27, 2004 (ACRIS 2.1.1) E-Tax Forms Printing is now optimized to return faster results. July 05, 2004 (ACRIS 2.1) Cover Page Provides the ability to link Cover Page transactions with E-Tax transactions created in the new E-Tax application (see below). Property, Party, and Fees and Tax information is now automatically imported when linking a Cover Page transaction to a Tax transaction. When creating a mortgage type Cover Page, any applicable MRT taxes will now be printed on the Cover Page. E-Tax Forms The new Tax Form application (E-Tax) has been designed to provide users with the ability to electronically create a series of real property tax forms for a conveyance for submission to the City Register. The following forms are part of the application: - Real Property Transfer Tax Return (RPTT) - Affidavit of Compliance with Smoke Detector Requirement for One- and Two-Family Dwellings - Property Owner's Registration Form - Customer Registration Form for Water and Sewer Billing - New York State Real Property Transfer Report (RP-5217) - New York State Real Estate Transfer Tax Return (TP-584)

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