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N.Y. RPP Law § 254-D

This is the official text of N.Y. RPP Law § 254-D, part of New York’s RPP Law — part of the compiled statutory law of New York, published by the state as "RPP Law." Browse the sections below, each linked to its official government source.

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Fees by mortgagee for direct payment of real property taxes by mortgagor prohibited

Official statutory text

§ 254-d. Fees by mortgagee for direct payment of real property taxes\nby mortgagor prohibited. No mortgagor on a loan secured primarily by an\ninterest in real property shall be charged a fee by the mortgagee\nbecause the parties have agreed that the mortgagor shall pay real\nproperty taxes on such real property directly to the taxing authority or\nauthorities and not in escrow to the mortgagee or the mortgagee's agent.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.