§ 476. Mortgage recording tax exemption. Notwithstanding any\ninconsistent provision of law, mortgages to secure a loan made pursuant\nto the provisions of this article shall be exempt from the mortgage\nrecording taxes imposed by article eleven of the tax law.\n
Mortgage recording tax exemption
N.Y. Private Housing Finance Law § 476, under Loans to Owners of One to Four Unit Private and Multiple Dwellings.
N.Y. Private Housing Finance Law § 476