In New York, a CEMA (Consolidation, Extension, and Modification Agreement) is an agreement where a buyer and seller agree to cooperate to save on state taxes. Here’s how a CEMA works: The buyer assumes...
Tag - CEMA
Mortgage Recording Tax: All You Need To Know
Buying a property all cash is a luxury few can afford. For the fortunate, it means a number of cumbersome fees can be eliminated. A mortgage recording tax is one. Strictly speaking, it’s not a bank that charges the...
