New York · 2025 Regular Session · Bill

S 5642: Requires a sworn affidavit stating the seller was informed of the fair market value of the property

In committee Last action January 7, 2026: REFERRED TO JUDICIARY

Plain-language summary

S 5642 is a bill introduced in the New York Senate on February 26, 2025. According to its official title, it concerns: Requires a sworn affidavit stating the seller was informed of the fair market value of the property. Primary sponsor: Jamaal Bailey (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO JUDICIARY.

Sponsors

Primary sponsor: Jamaal Bailey (Democratic/Working Families).