NOTES:
- This return must be completed and filed with the Comptroller of the City of Mount Vernon.
- The tax due thereon must be paid within thirty(30 days after delivery of the deed by the grantor to the grantee but before the recording of such deed. This return must be filed by both the grantee and the grantor whether or not a tax is due thereon and although the consideration for the deed is $100,000 or less.
- Where the transfer is by a corporation in liquidation or to a corporation in exchange for capital stock, submit balance sheet.
- Penalty of 8% of the tax due for the first month of delay plus interest at the rate of 1 1/2% of such tax for each additional month of delay must be added if payment is not made on or before the due date.
AFFIDAVIT OF GRANTEE
I swear (or affirm) that this return, including the accompanying schedules or statements, has been examined by me, and is, to the best of my knowledge and belief, a true and complete return, made in good faith, pursuant to Chapter 234, Section 234-48 of the Code of the City of Mount Vernon and the regulations issued under authority thereof.
AFFIDAVIT OF GRANTOR
I swear (or affirm) that this return, including the accompanying schedules or statements, has been examined by me, and is, to the best of my knowledge and belief, a true, and complete return, made in good faith, pursuant to Chapter 234, Section 234-48 of the Code of the City of Mount Vernon and the regulations issued under authority thereof.
JUD 112 10-96

CITY OF MOUNT VERNON
Computation of Real Property Transfer Tax
Date of Contract of Sale