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What if a transfer of shares will occur just round the April 12th deadline of residency - how to declare this ? - the prior owners are in another state but the new owner will be in NYC.
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Hi MTD - I would have the purchaser ask their closing attorney about this, and quickly. From my non-legal perspective, I would have the purchasers prepare the form in advance with all of the primary resident information filled in. Immediately after the closing I would have them fill in the date of the closing and send it to the Dept of Finance via certified, return receipt requested.
I am sure there will be many such exceptions to the primary residency that will have to be dealt with by the DOF. The purchaser's attorney is the best source of authorative information.
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