1449-CCCC - Payment of tax.

* § 1449-cccc. Payment of tax. 1. The real estate transfer tax imposed  pursuant to this article shall be paid to the treasurer or the recording  officer  acting  as  the agent of the treasurer upon designation as such  agent by the treasurer. Such tax shall be paid at the same time  as  the  real  estate  transfer tax imposed by article thirty-one of this chapter  is required to be  paid.  Such  treasurer  or  recording  officer  shall  endorse  upon  each  deed or instrument effecting a conveyance a receipt  for the amount of the tax so paid.    2. A return shall be required to  be  filed  with  such  treasurer  or  recording  officer  for purposes of the real estate transfer tax imposed  pursuant to this article at the same time as a return is required to  be  filed  for  purposes  of the real estate transfer tax imposed by article  thirty-one of this chapter. The treasurer shall prescribe  the  form  of  return,  the  information  which it shall contain, and the documentation  that shall accompany the return. Said form shall  be  identical  to  the  real estate transfer tax return required to be filed pursuant to section  fourteen  hundred  nine of this chapter, except that the treasurer shall  adapt said form to reflect the  provisions  in  this  chapter  that  are  inconsistent,  different,  or  in  addition to the provisions of article  thirty-one of  this  chapter.  The  real  estate  transfer  tax  returns  required  to  be  filed  pursuant to this section shall be preserved for  three years and thereafter until such  treasurer  or  recording  officer  orders them to be destroyed.    3.  The  recording  officer shall not record an instrument effecting a  conveyance unless the return required by this section has been filed and  the tax imposed pursuant  to  this  article  shall  have  been  paid  as  required in this section.    * NB Repealed December 31, 2025