§ 476. Mortgage recording tax exemption. Notwithstanding any inconsistent provision of law, mortgages to secure a loan made pursuant to the provisions of this Article of the tax law.

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Terms Used In N.Y. Private Housing Finance Law 476

  • loan: shall include any grant made by a municipality pursuant to this article, provided, however, that provisions of this article concerning the repayment or forgiveness of, or security for, a loan shall not apply to any grant made pursuant to this article. See N.Y. Private Housing Finance Law 472
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.