Finance
The New York State transfer tax is imposed on the grantor at a rate of:
A$1 per $500 (or fraction thereof) of consideration
B$2 per $500 (or fraction thereof) of consideration✓ Correct
C$4 per $1,000 of consideration
D$1 per $1,000 of consideration
Explanation
The New York State transfer tax is imposed at a rate of $2 for every $500 (or fraction thereof) of the consideration paid, which equals $4 per $1,000 or 0.4%.
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