NY Certification of Exempt Status 1990

CERTIFICATION OF EXEMPT STATUS

[Insert Name of Transferor]

[Check One or More]

1. _____ has sold or exchanged during either of the prior two calendar years.

2. _____ previously sold or exchanged during the current calendar year.

3. _____ on the date of closing expects to sell or exchange during the current calendar year.

at least twenty-five (25) separate items of reportable real estate to at least twenty-five (25) separate transferees and each such item, at the date of closing of such item, was or will be held primarily for sale or re-sale to customers in the ordinary course of a trade or business.

The permanent residence (if an individual) or the principal office of the transferor is _________________________________________________________________.

The taxpayer identification number of the transferor is ______________________.

The real estate (not being reported by virtue of the exempt status of the transferor) is ____________________________________________________________________ ____________________________________________________________________

This Certification of Exempt Status is signed under penalties of perjury by the transferor or other person who is authorized to sign a declaration under penalty of perjury on behalf of the transferor as described in IRS Code Section 6061 and in the Regulations thereunder.

Date: ____________________

__________________________________

__________________________ Transferor

[ACKNOWLEDGMENT]

Sworn to and subscribed before me the undersigned authority by ______________ ________________ on this the ______ day of ________________________, 20_____

Notary Public in and for ___________________

Note, this Certification must be retained by the "Reporting Person" for four (4) years following the close of the calendar year in which the closing occurs.