Requires a sworn affidavit stating the seller was informed of the fair market value of the property
Summary
Requires a sworn affidavit stating the seller was informed of the fair market value of the property which includes an estimate of the fair market value of the property be included in the real property transfer form.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO JUDICIARY
upper
Feb 26, 2025
Committee
REFERRED TO JUDICIARY
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jamaal Bailey
DDemocratic/Working Families
Ask Maddy
·
AI policy assistant
Ask Maddy about S 5642
Scope: NY
Hi! I can help you understand S 5642. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline