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 Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
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.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.
Sponsors
Sponsors by party (alphabetical): Democratic/Working Families 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jamaal Bailey | Primary sponsor | Democratic/Working Families | Senate | 36 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO JUDICIARY
- REFERRED TO JUDICIARY